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☆ Barbara Corcoran made a $200,000 'Shark Tank' offer on one condition: Power to revamp the CEO's entire business
▼ + stars: | 2024-04-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Angie Cella was a "Shark Tank" investor's perfect candidate, according to the show's judges: a big dreamer and go-getter with a powerful backstory. The only catch, the investors said on Friday's episode of the ABC show: Cella's business needed a major overhaul, and Barbara Corcoran wanted to be the woman for the job. Cella sold her house to cover the costs, she said — moving herself and her four children into a rented townhome, while working virtually with a factory in China to bring Blinger to life. By the time of filming last year, the product was projected to bring in $4.2 million in annual sales, Cella said. She asked the show's investor judges for $200,000, in exchange for 5% of her product, which she sold through a parent company she named GEMC².

Persons: Angie, Barbara Corcoran, Cambria, —, GEMC Organizations: ABC Locations: Avondale , Pennsylvania, China

[1/2] The company logo for Choice Hotels is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 27 (Reuters) - Choice Hotels International (CHH.N) is preparing to nominate directors to the board of rival Wyndham Hotels & Resorts (WH.N), seeking to break a stalemate in an $8 billion takeover battle, people familiar with the matter said. This gives Choice the right to nominate directors to Wyndham's board come January. It is also preparing to launch a tender offer for Wyndham's shares that would show Wyndham's investors that there is a firm offer on the table, according to the sources. Rockville, Maryland-based Choice operates nearly 7,500 hotels in 46 countries, including brands such as Radisson, Country Inn & Suites, and Cambria Hotels.

Persons: Brendan McDermid, Wyndham, Parsippany, Pat Pacious, Stephen Holmes, Anirban Sen, Jonathan Oatis Organizations: New York Stock Exchange, REUTERS, Wyndham Hotels & Resorts, Ramada, Wyndham, Cambria Hotels, Choice, Thomson Locations: New York, U.S, United States, Parsippany , New Jersey, Rockville , Maryland, Radisson, Cambria

☆ A fund manager beating 99% of his peers over the last 10 years shares 2 'historically' cheap trades to make right now as high stock valuations set the market up for years of dismal returns
▼ + stars: | 2023-09-07 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

In a client note, Faber said he likes US value and international value stocks. A few exchange-traded funds that offer exposure to value stocks include the Vanguard Value ETF (VTV), the iShares Russell Mid-Cap Value ETF (IWS), and the Dimensional US Marketwide Value ETF (DFUV). But an arguably better opportunity lies outside of the US stock market in international value stocks, he said. But the discrepancy, like in the US, between international value stocks and all other international stocks is also at "historically wide levels," Faber said. Cambria FundsInvestors can gain exposure to international value stocks through funds like the iShares MSCI EAFE Value ETF (EFV), the Avantis International Large Cap Value ETF (AVIV), and the Dimensional International Value ETF (DFIV).

Persons: Meb Faber, Faber, Cambria Investment Management's Meb Faber, Russell, Faber's, they're Organizations: Nvidia, Cambria Investment, Morningstar, Vanguard Value, Value Locations: GuruFocus, Cambria

Right now though, the market has never been more top-heavy and the share of market constituents outperforming the broader index has never been lower. According to Ed Clissold at Ned Davis Research, the percentage of stocks outperforming the S&P 500 this year is just 24.5%. The percentage of S&P 500 stocks outperforming the index on a rolling three-month basis is just 20.3%, a record low. Clissold says that the S&P 500's one-year gain after periods of relative strength by a small group of large caps is an average 1.8%. These five stocks account for over a quarter of the S&P 500's $36.78 trillion market cap, and the top 10 account for a third of the total.

Persons: bode, Ed Clissold, Ned Davis, Meb Faber, Chuck Prince's, Cambria's Faber, Jamie McGeever, Andrea Ricci Organizations: NYSE, Barclays, Apple, Microsoft, Nvidia, Ned Davis Research, Reuters, Google, Cambria Investment Management, Citigroup, Thomson Locations: ORLANDO, Florida

The new Choice Privileges cards from Wells Fargo could be worth a spot in your wallet if you stay at Choice Hotels frequently. Wells Fargo has actually launched two new Choice credit cards: the $0-annual-fee Choice Privileges® Mastercard®, and the more premium Choice Privileges® Select Mastercard® with an annual fee of $95 (waived the first year). But if you don't stay with Choice Hotels often or put a high value on Choice points, you'll probably want to give these cards a skip. New Choice credit cards from Wells FargoBoth the Choice Privileges® Mastercard® and Choice Privileges® Select Mastercard® are offering elevated welcome bonuses for a limited time. Choice Privileges, the loyalty program of Choice Hotels, includes nearly 7,500 properties worldwide, so it's pretty easy to find the chain's hotels wherever you go.

☆ A CIO shares the strategy behind 'The Big Short' garage hedge fund that flipped $110,000 to over $80 million — and explains how to use the same approach in today's stock market to make extremely cheap
▼ + stars: | 2023-03-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

Universa Investments, a "black swan" hedge fund specializing in market shocks, sensationalized this approach after it made headlines in the first quarter of 2020 for a 4,144% return when the stock market plunged. So what we do for investors is our fund serves as protection against that sort of exogenous event, that sort of crash," Sidial said. In short, it's a bet against the odds in exchange for lofty returns, or what's known as convex payouts. However, if there's a market crash, the volatility on the VIX generally outperforms more than any other underlying securities in the US equities market, he noted. For example,Cambria Tail Risk ETF (TAIL) was up 27% from mid-feb to mid-march 2020 during the stock market crash brought about by the pandemic.

Choice PrivilegesWells Fargo will soon launch a new co-branded credit card with Choice Privileges, the loyalty program of Choice Hotels. Now, Choice and Wells Fargo are teaming up to launch the new Choice Privileges® Mastercard® this spring. Here's what to know about Wells Fargo's new Choice Privileges credit card, and what its arrival means for those who already have the Barclays Choice credit card. Wells Fargo Choice Privileges Mastercard coming soonThe Choice Privileges® Mastercard® will open to applications by May 1, 2023, and at that time, existing Barclays cardholders will be converted to the new card. Unless you stay at Choice Hotels properties frequently, you'll probably want to give the Choice Privileges® Mastercard® a skip.

☆ A conversation with Shark Tank's Kevin O'Leary on ChatGPT and how to invest in artificial intelligence.
▼ + stars: | 2023-02-11 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Kevin O'LearyKevin O'Leary is the chairman of O'Leary Ventures, a media personality, and veteran investor. Kevin O'Leary: I'm looking at the ChatGPT deal right now from an equity perspective, deciding what allocation I want to put into it. Some of the biggest firms on Wall Street are warning their clients not to trust the stock market rally. This strategist said you can tell the stock market surge is out of steam because the dollar's no longer on the retreat. Make these undervalued investments now while the stock market rally unwinds after a red-hot jobs report.

Each calendar year after spending $60,000 on eligible purchases, Card Members are eligible to select an Earned Choice Award benefit. Automatic Marriott Gold elite status (room upgrades and late checkout when available, bonus points on stays) Check mark icon A check mark. 1K Bonus Points Per Stay: Earn 1,000 Marriott Bonvoy® bonus points per paid eligible stay booked directly with Marriott for properties participating in Marriott Bonvoy. Cardholders receive automatic Hilton Gold status, which opens the door to perks like free breakfast (food and beverage credit at US hotels), bonus points, and room upgrades. With Gold status, you'll get perks like a 10% points bonus on paid stays, late checkout when available, and access to preferred rooms.

☆ Why top Wall Street investors say there's never been a better time to invest your money overseas — and where they say the 7 best opportunities are
▼ + stars: | 2023-02-08 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

But when US stocks deliver low annualized returns over a 10-year period, international stocks almost always deliver better performance. They included: global value vs. growth; emerging value equities; Japanese small value; and European small value. Among those, Inker and GMO are plugging the most money into global value and emerging market value stocks. Perfect timing would have seen investors hold their fire in emerging markets in 2001-02 to hit the very bottom. "Emerging-markets value, international value represent bargains.

☆ Make these 4 undervalued investments now while the stock market rally unwinds after a red-hot jobs report, according to the investment chief at Cambria Funds
▼ + stars: | 2023-02-07 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

The economist continued: "And it's not the level of the unemployment rate that matters as far as the economic cycle is concerned — it's the change in the unemployment rate. He told Insider in a recent interview that investors should target value stocks and foreign equities, specifically Chinese stocks and those in emerging markets. For most of the past decade, value stocks were unloved while growth names went on an explosive rally. But now value stocks have made a major comeback, while growth picks have melted down. When picking stocks, Faber said he's especially interested in two qualities: a stock's valuation and momentum.

☆ Jeremy Grantham's right-hand man Ben Inker shares 5 trades to start making now for the best returns and smallest downside risk in the cheapest parts of the market
▼ + stars: | 2023-02-02 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

They include:Global Value vs. GrowthEmerging Value EquitiesJapanese Small ValueEuropean Small ValueResource StocksGlobal value and emerging market value stocks carry the most weight in the strategy among these five factors at 20% and 16%, respectively. In fact, he and his firm think some broader equity indices like the S&P 500 may still have big downside. the S&P 500) will deliver negative returns over the next seven-year period. "When markets did decisively turn in 2003 and the S&P 500 gained a gratifying 28.7%, Emerging rose a stunning 55.8%. Perfect timing would have seen investors hold their fire in emerging markets in 2001-02 to hit the very bottom.

☆ 6 hotels near Glendale, Arizona, you can book right now for the 2023 Super Bowl, recommended by a local
▼ + stars: | 2023-01-27 | by ( Wendy Rose Gould | ) www.businessinsider.com time to read: +8 min

The 2023 Super Bowl will take place at State Farm Stadium in Glendale, Arizona. These six hotels have availability as of Friday and are located near the stadium. The 2023 Super Bowl will take place at State Farm Football Stadium in Glendale, Arizona. Book Comfort Suites Glendale - State Farm Stadium AreaScottsdale, Arizona, is around a 45-minute drive from Glendale. The hotel is about a 25-minute drive from State Farm Stadium.

☆ Don't despair, here are five US counties where homeownership won't cost you more than 15% of your paycheck
▼ + stars: | 2022-12-22 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +3 min

Cambria County, PennsylvaniaPercent of wages needed to afford a home: 14.1%Typical annual wage: $44,746Typical mortgage payment per month: $5254. St. Lawrence County, New YorkPercent of wages needed to afford a home: 13.6%Typical annual wage: $55,172Typical mortgage payment per month: $6233. Peoria County, IllinoisPercent of wages needed to afford a home: 13.5%Typical annual wage: $69,238Typical mortgage payment per month: $7802. Schuylkill County PennsylvaniaPercent of wages needed to afford a home: 12.8%Typical annual wage: $50,336Typical mortgage payment per month: $5361. Macon County, IllinoisPercent of wages needed to afford a home: 12%Typical annual wage: $62,686Typical mortgage payment per month: $625

☆ Cutting Costs, Not Jobs, Is Focus for Many CFOs Facing Slowdown
▼ + stars: | 2022-12-12 | by ( Kristin Broughton | ) www.wsj.com time to read: +6 min

At the same time, many employers are looking for workers, with job openings well above the number of job seekers. That leaves some finance chiefs scouting for savings that don’t involve job cuts, or that supplement layoffs, advisers and analysts said. Other ways to cut costs include exiting leases, reducing the number of suppliers, automating tasks, trimming software spending and finding less expensive components, advisers said. Many companies over the past year have raised prices to keep up with escalating input costs, in addition to trimming expenses. Still, the company’s restaurant-level profit margin during the quarter ended Oct. 2 fell to 16.2% from 20.1% a year earlier.

☆ Police in Canada say remains of 2 slain Indigenous women are likely in landfill — but they won't search site
▼ + stars: | 2022-12-07 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +6 min

Police in Canada are facing scrutiny after saying they believe they know where the bodies of two Indigenous women allegedly slain by a suspected serial killer are buried — but that they won't be searching the area due to difficult conditions. In May, the Winnipeg Police Department announced that partial remains of one of the victims, Rebecca Contois, 24, had been found in a landfill. In a tweet Tuesday, Niki Ashton, a Member of Parliament with Canada's New Democratic Party, said: "We remember the Indigenous women who have been targeted and killed because they are Indigenous women. "These deaths must not be ignored, nor the reality that they represent the ongoing generational harms and trauma that are rooted in violence against Indigenous women, girls, and Two Spirit people," the statement said. Federal Crown-Indigenous Relations Minister Marc Miller said Tuesday that he believed all levels of government have failed Indigenous women, girls and Two Spirit people for centuries, CBC News reported.

☆ Cambria investment chief and podcaster Meb Faber warns that stocks could crash much further, and explains his path to better and safer returns
▼ + stars: | 2022-11-15 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Meb Faber of Cambria Investments called a market downturn this year, and says it could get worse. Although Meb Faber foresaw the stock market meltdown this year, he says the worst may be yet to come. "I don't think stocks are going to crash 50%, but you at least have to hold that thought in your head," he told Insider in an interview. "The stock market in our opinion is still expensive." After a decade of leadership for tech and growth stocks, Faber says that higher interest rates might be pushing stocks into a new environment.

☆ Meta unveils its much-hyped Quest Pro mixed reality headset
▼ + stars: | 2022-10-11 | by ( ) www.nbcnews.com time to read: +4 min

Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg’s break into the higher-end market for extended reality computing devices. The Quest Pro features several upgrades over Meta’s existing Quest 2 headset, which overwhelmingly dominates the consumer virtual reality market. For fully immersive virtual reality, Meta has added tracking sensors to the Quest Pro that can replicate users’ eye movements and facial expressions, creating a sense that avatars are making eye contact. Meta is pitching the Quest Pro as a productivity device, aimed at designers, architects and other creative professionals. For now, that means the Quest Pro stops short of enabling the complex commercial applications Meta has suggested it wants its metaverse tech to support.

☆ Meta's new Quest Pro headset, mixing real and virtual worlds, makes debut
▼ + stars: | 2022-10-11 | by ( Katie Paul | ) www.reuters.com time to read: +5 min

Meta/Handout via REUTERSOct 11 (Reuters) - Meta Platforms (META.O) unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg's break into the higher-end market for extended reality computing devices. The Quest Pro features several upgrades over Meta's existing Quest 2 headset, which overwhelmingly dominates the consumer virtual reality market. For fully immersive virtual reality, Meta has added tracking sensors to the Quest Pro that can replicate users' eye movements and facial expressions, creating a sense that avatars are making eye contact. PITCHING PRODUCTIVITYMeta is pitching the Quest Pro as a productivity device, aimed at designers, architects and other creative professionals. For now, that means the Quest Pro stops short of enabling the complex commercial applications Meta has suggested it wants its metaverse tech to support.

Each calendar year after spending $60,000 on eligible purchases, Card Members are eligible to select an Earned Choice Award benefit. 1K Bonus Points Per Stay: Earn 1,000 Marriott Bonvoy® bonus points per paid eligible stay booked directly with Marriott for properties participating in Marriott Bonvoy. Cardholders receive automatic Hilton Gold status, which opens the door to perks like free breakfast (food and beverage credit at US hotels), bonus points, and room upgrades. Gold status comes with a few perks, including a 10% points bonus on stays, early check-in and late checkout, up to nine elite rollover nights, and a welcome amenity. With Gold status, you'll get perks like a 10% points bonus on paid stays, late checkout when available, and access to preferred rooms.

☆ Our investing models are as bearish as they can be, says Cambria Investment's Faber
▼ + stars: | 2022-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur investing models are as bearish as they can be, says Cambria Investment's FaberMeb Faber, Cambria Investment Management, joins 'TechCheck' to discuss if equity markets are ripe for a bounce, if the markets will come to reality on Q3 earnings and more.

☆ Watch CNBC's full interview with Cambria Investment's Meb Faber
▼ + stars: | 2022-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Cambria Investment's Meb FaberMeb Faber, Cambria chief investment officer, joins 'TechCheck' to discuss if equity markets are ripe for a bounce, if the markets will come to reality on third-quarter earnings, and more.

☆ You can transfer Citi ThankYou points to 14 airline and 2 hotel partners, and the best programs can save you thousands of miles on flights to destinations like Hawaii
▼ + stars: | 2022-09-16 | by ( Dan Miller | Jasmin Baron | Read More | ) www.businessinsider.com time to read: +30 min

Citi® Double Cash Card — This card recently changed from earning cash back to earning Citi ThankYou points directly. Otherwise, with the Citi Rewards+® Card, Citi ThankYou® Preferred Card, and Citi® Double Cash Card, the ratio is 5:4 (1,000 Citi ThankYou points = 800 Wyndham points). Citi ThankYou points retail transfer partnersIn addition to airline and hotel transfer partners, Citi ThankYou has one retail transfer partner. How to transfer Citi ThankYou pointsTransferring your Citi ThankYou points is a fairly straightforward process. Citi transfer partners frequently asked questions (FAQ)Is American Airlines a Citi transfer partner?

Using travel rewards points, it's possible to get your hotel stays for free. More Information 60,000 Bonus Points after you spend $5,000 on purchases in your first 3 months from account opening. Plus, you can transfer both Chase Ultimate Rewards and Amex Membership Rewards points to Marriott at a 1:1 ratio. Other ways I use credit card rewards for accommodationsAdmittedly, staying in properties affiliated with these major hotel programs leave out a lot of options, such as bed and breakfasts and independent hotels. Thankfully, there are two catch-all programs that allow me to use credit card rewards to stay just about anywhere.

Present in more than 40 countries, Choice Hotels' partnerships with Penn National Gaming, Inc., Preferred Hotels & Resorts, and Nordic Choice Hotels make redemption options even more interesting, with the addition of casino hotels and upscale resorts to the mix. AdvertisementHow to earn Choice Privileges pointsWhile Choice Privileges seems straightforward, there are lots of little rules about what counts as a qualifying points-earning stay. If you're just getting started, the fastest way to accrue Choice Privileges points is by opening the Choice Privileges Visa Signature Card. AdvertisementBuy Choice Privileges points — for you or someone elseYou can buy up to 250,000 Choice Privileges points for yourself — or up to 180,000 Choice Privileges points for friends and family members — per calendar year. Transfer Choice Privileges points to travel partnersTo redeem Choice Privileges points for flights, use the Choice Hotels Rewards Exchange to transfer them to airline partners at the following rates:5,000 Choice points for 1,000 Alaska Airlines Mileage Plan miles5,000 Choice points for 1,000 Aeromexico Club Premier miles5,000 Choice points for 1,000 Aeroplan points5,000 Choice points for 1,000 United MileagePlus miles5,000 Choice points for 1,000 Spirit Airlines Free Spirit miles5,000 Choice points for 1,000 Czech Airlines OK Plus miles20,000 Choice points for 8,000 Qantas Frequent Flyer points20,000 Choice points for 8,000 Virgin Australia Velocity points20,000 Choice points for 140 Air New Zealand Airpoints DollarsNote that you may need to call Customer Service at 888-770-6800 and provide them with your frequent flyer number to complete your airline redemption.

Persons: —, You'll, We're, Read, It's, you've, you'll, I'm, there's, Homefront, they'll Organizations: Business, Card, Citi, Choice, Service, Choice Hotels, Penn National Gaming, Inc, Resorts, Amtrak, Barclays, American, Express, Hotels, Diamond, Avis, Cambria Hotels, Alaska Airlines, Aeromexico Club Premier, Czech Airlines, Spirit Airlines, Air, Zealand, Qantas Frequent Flyer, Australia, Alamo, Budget, Bed, Apple, Vinesse, Rocket, Aeromexico Club, Airlines, Virgin Australia, Clubs of America, Fisher House Foundation, Council, International, Polaris, Cosmopolitan, AARP Locations: Cambria, Econo Lodge, Canada, Mexico, Central America, Caribbean, Asia, Pacific, China, Japan, Europe, Clarion Clarion Pointe, Czech

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