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☆ Introducing Insider's 100 people transforming business
▼ + stars: | 2022-11-16 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +5 min

It's my pleasure to introduce to you Insider's list of 100 People Transforming Business in 2022 — our annual celebration of the people who are bucking trends and upending convention across industries. Insider's annual list of the 100 People Transforming Business. 100 People Transforming Business. Twitter insiders worry that a crash is incoming. TCI, a major investor in Google's parent company Alphabet, sent a letter on Tuesday urging Alphabet CEO Sundar Pichai to cut costs.

☆ Piyush Gupta might be banking’s boldest boss
▼ + stars: | 2022-11-15 | by ( Una Galani | ) www.reuters.com time to read: +7 min

Piyush Gupta of $65 billion Singaporean lender DBS Group (DBSM.SI) appears to be that CEO, whether he thinks of himself that way or not. Yet the two banks trade on a similar multiple of 1.5 times their estimated 2022 book value, according to Refinitiv. There is limited room for growth in DBS’ tiny home market, a city with a population of 5.5 million people. That, plus the pressure to maintain that 1.5-times-book market value, means Gupta needs to keep finding ways to grow. U.S. President Joe Biden and Chinese President Xi Jinping held talks on Nov. 14 while at the G20 summit in Indonesia.

☆ The fund manager who's in the green this year by not playing 'the relative game'
▼ + stars: | 2022-11-14 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

J. Dale Harvey, founder and chief investment officer at Poplar Forest, manages a fund that's beating the S & P 500 this year. Harvey has led the Poplar Forest Partners Fund (PFPFX) since it was established on Dec. 31, 2009 with a "contrarian" mindset. "People can get sucked into the sort of the relative game, which which we don't play," he said. The fund took a dip with the rest of the market in September before marching back up in the following weeks. He noted value stocks, where he mainly looks, were "in the doghouse" for much of the 2010s as technology and other growth stocks drove the market.

☆ This Former BlackRock Executive Says ESG Investment Model Is Broken
▼ + stars: | 2022-11-12 | by ( Angel Au-Yeung | ) www.wsj.com time to read: 1 min

Encouraging renewable-energy alternatives to coal-fired power plants is a goal of environmental, social and governance, or ESG, investment. Terrence Keeley had been at BlackRock Inc. for about a decade when he reached a contrarian conclusion: ESG doesn’t work. Mr. Keeley spent much of his time at the asset manager overseeing a group that nurtured relationships with central banks, finance ministries, family offices and sovereign-wealth funds. Under pressure from politicians and activists, some of these investors were looking to distance themselves from companies that fall short on environmental, social and governance factors. BlackRock obliged, helping clients funnel money toward companies whose values they share.

☆ Art Cashin says markets will likely re-test the lows after Thursday's 'borderline miraculous' rally
▼ + stars: | 2022-11-11 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

The stock market is not in the clear even after an enormous rally and new signs that inflation is starting to fall, according to Wall Street veteran Art Cashin. However, Cashin said on Friday's " Squawk on the Street " that the move looked like a bear market rally and that the market could make new lows from here. In addition to low volume, Cashin said he is also watching the Cboe Volatility Index , or Vix. In the short term, Cashin said that he expects the market to continue to see big swings. He said the collapse of crypto firm FTX is causing a "soft contagion" that is holding back the rally.

☆ New Side Hustle: Sharing About Your Work, Salary, Job on LinkedIn, TikTok
▼ + stars: | 2022-11-10 | by ( Mae Rice | ) www.businessinsider.com time to read: +13 min

According to one California-based study, the professions that saw the highest excess-death rates in 2020 all required in-person work: transportation-and-logistics workers, food-and-agriculture workers, and manufacturing workers. These influencers also noticed that sharing behind-the-scenes work content got engagement. Natasha Badger, a customer-marketing associate at LinkedIn, also sparked heated discussion with TikTok day-in-the-life vlogs set in LinkedIn's Chicago offices. For some, the profusion of social content about work perks and struggles is getting in the way of actual work. Despite the skepticism he's encountered on his job search, Space said his TikTok account has been worth it.

☆ Here's how to protect your portfolio from an inescapable energy crisis in 2023 caused by 'embarrassingly stupid' government policies, says a $200 million hedge fund manager who called the oil market's
▼ + stars: | 2022-11-08 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The Department of Energy's "embarrassingly stupid" policies will likely cause a severe energy shortage and an energy crisis in 2023, Kupperman told Insider. I mean, US energy production has roughly been flat since the end of Q1 — six months where it's flat. Ironically, energy-friendly policies that lead to an increase in oil production would bring down prices and hurt his portfolio's performance in the process. This doesn't sound like the team of people — between his energy secretary and then Biden — that's going to restore energy production. "We're going to see a new level, so to speak, in terms of commodity prices," Kupperman said.

☆ 'Big Short' trader Greg Lippmann shares 4 things investors may be missing about this downturn and how he has adjusted his portfolio in response
▼ + stars: | 2022-11-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Greg Lippmann says inflation will be difficult to tame and may be at 3.5% to 4% for some time. His somewhat contrarian view starts with the belief that taming inflation won't be as easy as many expect. Lippmann estimates that in the intermediate term, inflation is going to reach anywhere between 3.5% to 4%. Second, it's going to keep rates higher for longer, which means that the debt expense of companies is going to go up. So we have among the highest yielding portfolios we've ever had and from a ratings perspective, the safest portfolio we've ever had."

☆ This contrarian indicator from Bank of America signals a 94% chance stocks are higher a year from now
▼ + stars: | 2022-11-01 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The bank said historically, when the indicator was at current levels or lower, subsequent 12-month S & P 500 returns were positive 94% of the time and the median 12-month return was 22%. "We have found that Wall Street's consensus equity allocation has historically been a reliable contrarian indicator." Bank of America said a range of 60% to 65% represents the traditional "normal" equity allocation for a balanced fund. The S & P 500 is down more than 19% this year. The bank sees the S & P 500 ending the year at 3,600, about 6% lower from where it trades now.

☆ Analysis: 'The Surreal Life' reboot brings together another wild group of celebrity roommates
▼ + stars: | 2022-10-29 | by ( Lisa Respers France | ) edition.cnn.com time to read: +6 min

No judgment if Halloween is your thing, but I don’t like to be scared so I don’t indulge. Three things to watch‘The Surreal Life’The new cast of "The Surreal Life" sit down for dinner -- and some heated conversation -- in a scene from the VH1 show. From VH1/YouTubeI should probably start by mentioning that Dennis Rodman likes to walk around the house in which he filmed the new season of “The Surreal Life” naked. ‘The White Lotus’ Season 2(From left) Will Sharpe, Aubrey Plaza, Meghann Fahy and Theo James in a scene from season 2 of "The White Lotus" on HBO. And not to give too much away, but there’s a cool scene in season two which addresses binge-watch culture.

☆ Investors should buy these 3 sectors to get in ahead of overwhelming pessimism as signs of a powerful stock-market rally mount, according to the research chief at $74 billion Nationwide
▼ + stars: | 2022-10-21 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Mark Hackett is the investment research chief for Nationwide, which manages $74 billion in assets. But he thinks investors should allocate to small cap stocks and emerging markets, which he says have the best risk-reward balance of anything out there. "We much prefer S&P Small Cap relative to the Russell Small Cap," he said, because the larger Russell index includes larger proportions of companies that aren't consistently making money. In small caps he's bullish on healthcare, industrials, and business-oriented technology companies, rather than pricier tech stocks and higher-risk companies in biotech or energy. He also recommends high cash-flow value stocks, meaning companies with strong balance sheets and diversified revenue.

☆ Analysis: As U.S. stocks rip higher, investors hunt for signs of market bottom
▼ + stars: | 2022-10-19 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

The current gain – which has seen the S&P 500 bounce about 6.5% last week's fresh intraday low for 2022 – comes on the heels of several rebounds throughout the year that eventually crumbled. However, the index has not been above that level since March even as the S&P 500 continued making new lows. The put/call ratio is yet to approach a 10-day average of at least 1.2 that has historically indicated that "you are more in the ballpark of panic and fear and close to a market low," he said. The current bear market has also been less severe than many past downturns. The S&P 500 slid as much as 25.4% this year, while bear markets since 1929 have seen an average decline of 35%, according to BofA.

☆ The 60/40 portfolio has been suffering all year, but there are opportunities for long-term investors
▼ + stars: | 2022-10-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The 60/40 strategy, known as a balanced portfolio, has been hit by rising bond yields — which means falling fixed income prices, as well as a sinking stock market. "The future is brighter for the 60/40," said Omar Aguilar, CEO and chief investment officer of Schwab Asset Management. "The correlation will come back to the normal levels, or the historical levels that you normally have between equities and fixed income," Aguilar said. Schwab's Aguilar advises against chasing yields in fixed income, but instead maintaining a balanced approach between credit and duration. In fixed income, the firm currently has a bond duration of four years, down from its previous seven-year duration.

Societe Generale's contrarian strategist Albert Edwards said Britain's reawakening of the fabled 'bond vigilantes' would "reverberate around financial markets for years to come." And many read across to ebbing liquidity in U.S. Treasury markets for a take on Fed parameters this time around too. Bank of America's October survey of global fund managers, released on Tuesday, certainly backs that up. Register now for FREE unlimited access to Reuters.com Registerby Mike Dolan, Twitter: @reutersMikeD. Charts by Bank of America, Vincent Flasseur and Lewis Krauskopf; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ 15 risky and hated stocks that could rally if market keeps bouncing
▼ + stars: | 2022-10-19 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The major averages are up this week on the back of those results, with the S & P 500 roughly 3.8% higher. When a beaten-up stock market is bouncing off recent lows, the most hated names are sometimes what leads the way back. We screened for risky and hated names in the S & P 1,500 Composite Index. These stocks are down more than double the broader market this year, and have more than 10% of their tradable shares shorted. About 38% of tradable shares are being shorted.

☆ Retail investors are the most bearish they've been in months after September's inflation shock, but a rebound in the S&P 500 would spark new buying spree, research firm says
▼ + stars: | 2022-10-19 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Bearishness among retail investors reached its highest since June after the last CPI report, Vanda Research says. The cohort is likely increase net buying of speculative assets over the next two weeks if the S&P 500 can sustain a rally. Stocks initially plunged after last Thursday's report and Vanda said retail investors were buying the dip. Retail investors appeared hesitant to chase the rebound in stocks over the following days, the firm said. The S&P 500 had climbed in the past two sessions but was moving lower during Wednesday's action.

☆ Is Meta a stock to buy or dodge? Two tech investors face off
▼ + stars: | 2022-10-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

These are tumultuous times for Meta , with investors fleeing the stock and the metaverse having its fair share of struggles and other economic headwinds. The stock in late September plunged to trade at its lowest since January 2019 — and has since dropped even more. Users are jumping ship and advertisers are reducing their spending, leaving Meta poised to report its second straight drop in quarterly revenue. Meta also lost $2.81 billion on $452 million in revenue from its virtual reality division during the quarter ending in June — as it spent heavily to develop virtual reality and augmented reality products. Two tech investors faced off on CNBC's " Street Signs Asia " on Wednesday to make a case for and against buying the stock.

☆ Goldman Sachs: Make these 25 trades now to profit in what might be a rocky Q3 earnings season
▼ + stars: | 2022-10-13 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Q3 earnings estimates have been cut by 6% in the past six months. Goldman Sachs recommended 25 options trades to profit from high volatility. With preparation and a bit of luck, investors can score gains regardless of what the new Q3 earnings season brings by trading stock options. "Single stock options suggest elevated fear is priced in," wrote John Marshall, a Goldman Sachs managing director who covers stock options, in an October 12 note. 25 top options trades to make nowBelow are 25 options trades that Goldman Sachs recommends making during the Q3 earnings season.

☆ I made $200,000 last year ghostwriting tweets for superstar VCs. It takes me 5 hours a week. Here's how I found my clients and built a booming side hustle from scratch.
▼ + stars: | 2022-10-12 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +11 min

Ghostwriting tweets for venture capitalists is my side hustle. So I have a special CRM I use just for ghostwriting work, as well as a dedicated laptop, a dedicated phone, and a separate email address. VCs would deploy $10 million or $15 million a year into companies trying to raise $1 million or $2 million. My life as a ghostAs a ghostwriter, I never log in to a client's Twitter account. It's important to me that I do all of the ghostwriting work myself, as a side hustle.

☆ Retail investors are about to throw in the towel and finally sell if Apple and Tesla stumble, Vanda Research says
▼ + stars: | 2022-09-29 | by ( ) www.businessinsider.com time to read: +3 min

Retail investors are on the verge of throwing in the towel and selling stocks if Apple and Tesla tumble, according to Vanda Research. "A positioning puke in these two stocks could be the coup de grace for retail investors' PnL," Vanda Research said. The firm estimates that combined, Apple and Tesla account for 34% of the average retail investors' stock portfolio. That concentration has actually helped retail investors performance, as both Apple and Tesla have outperformed the S&P 500 considerably year-to-date and over the past year. "A positioning puke in these two stocks could be the coup de grace for retail investors' PnL," Vanda said.

☆ Asia-Pacific markets open mixed after S&P 500 closes near two-year lows
▼ + stars: | 2022-09-28 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The Dow and S&P 500 have fallen for six straight days, with many of those seeing broad selling typical of so-called "washout" days. That can sometimes be a contrarian buy signal on Wall Street, but many investment professionals are skeptical that the selling is over. One reason is that earnings expectations for next year still show solid growth, which would be unlikely in the event of a recession. "But I have a hard time reconciling in my mind that the earnings story is going to be as good as we expect." Additionally, the dramatic moves in the bond and currency markets means that "something broke" and it may be smart to wait for that information to shake out, Smith said.

☆ Retail investors have bailed on most stocks except for these two 'last bastions'
▼ + stars: | 2022-09-28 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The two stocks alone make up an estimated 34% of the average retail investor's holdings, he said. "A positioning puke in these two stocks could be the coup de grace for retail investors' PnL," Iachini, referring to an acronym used to describe an investor's profit-and-loss statement. He said Korean retail investors, who account for about 2% of Apple's retail holdings, selling off the news would likely mean forced liquidations. Why retail capitulation matters A new index from Vanda gauging retail capitulation, meaning the act of giving up on the market, has shown sentiment and hard money data has continued sliding. "This goes to show that retail investors' flows have been pivotal in cushioning the equity sell-off, in our view," he said.

☆ Siberia will be full of investment opportunities in the next 3 decades if you can get in right after the war, says a fund manager who manages $7 billion in assets
▼ + stars: | 2022-09-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Investing in Russia after the war with Ukraine could present a surpising upside, said an investor. That's thanks to vast farmlands in Siberia, said Cheah Cheng Hye, co-CIO of Value Partners Group. They will be a food superpower," said Cheah Cheng Hye, co-chief investment officer of Value Partners Group, an asset management firm that manages about $7 billion in assets. Over two-thirds of Value Partners' clients are based in China and Hong Kong. Moreover, China has not condemned Moscow over the Ukraine war.

☆ Stifel's stock chief shares 4 places to put your money now as an 'immediate window' for returns opens up while stocks hit a near-term bottom
▼ + stars: | 2022-09-26 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

He said the S&P 500 would climb back to 4,400 by early next year. He said he thinks the S&P 500 will rally back to 4,400, which is about 19% upside from where it closed on Friday. StifelProvided that inflation continues to meaningfully drop, so too will yields on 10-year Treasury Inflation-Protected Securities, or TIPS, Bannister said. When 10-year TIPS yields and 36-month fed funds futures fall, the S&P 500 tend to rise. Longer-term, the S&P 500 is likely to remain range-bound below 4,800 through the rest of the decade, he said.

☆ Buy these 8 stocks now before a 'pain trade' to the upside catches investors off-guard, says a top-2% fund manager
▼ + stars: | 2022-09-25 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

And I think that's going to be the story of this market." In fact, his fund, the Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), is in the top 2% of its category this year, according to Morningstar. "As people get more confidence, they're not going back into what I call the 'ARKK type' stocks," Forlines said. While Linde provides investors with a dividend yield of 1.69%, BHP has a gargantuan dividend yield of 13.4%. Unlike some of its peers, it hasn't been hurt by the dollar's massive rally this year, and its dividend yield is over 4% right now.

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