Author: EconLearner
Is your money working hard for you, or is it just lounging on the couch watching Netflix? If you feel like your cash is just sitting there …
America Movil’s Telcel headquarters in Mexico City, Mexico© 2025 Bloomberg Finance LPAmérica Móvil is the dominant telecommunications provider throughout Latin America with operations spanning Europe. The company is owned by the Carlos Slim Group with sister holdings in finance and industry and retail. Its portfolio spans mobile, fixed, broadband and TV for consumers, small businesses, enterprises and governments across the region. It also owns Telekom Austria, now under the A1 brand, which serves eight countries in Central and Eastern Europe.Scale is combined with lasting investment. América Móvil spends $8 to $9 billion each year on infrastructure and technology. The result…
grilling steaks on a flaming grill and shooting with selective focusgettyAkron, OH – Diamond Grille does not take credit cards. On the other hand, this does get business cards. This is why every Federal Reserve official should be forced to darken its doors, along with every politician and pundit. That’s because the Diamond Grille exists as a brilliant reminder that you, the reader, are your own authority. More importantly, no amount of Fed “tightness” or “ease” can overcome your uniqueness as a high, good, moderate, or bad credit risk. As you read this opinion piece, Diamond Grille is sending bills…
PARIS, FRANCE – JULY 03: A black Hermès Birkin bag in box calf leather with gold-tone hardware is displayed on a glass shelf under the spotlight, highlighting the iconic model’s luxurious texture and classic structure. Photographed during a Sotheby’s fashion and luxury goods auction preview on July 3, 2025 in Paris, France. (Photo by Edward Berthelot/Getty Images)Getty ImagesThere are exponentially more willing buyers of Birkin Bags than there are Birkin Bags. This is why Hermes has to be so careful in choosing who they sell their bags to. Among other things, it needs to consider those who will best represent…
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AUGUST – 1990: Darryl Strawberry #18 of the New York Mets prepares to pitch during a season opener in August 1990. (Photo by Bernstein Associates/Getty Images)Getty ImagesPresident Donald Trump has pardoned former baseball star Darryl Strawberry, who pleaded guilty to tax evasion nearly three decades ago.Strawberry and BaseballDarryl Eugene Strawberry, who spent 17 years in Major League Baseball, was an eight-time All-Star and one of only five Major League Baseball (MLB) players to hit two grand slams in the same season. He is commonly recognized as a New York Met, spending nearly half of his career with the team, from…
NEW YORK, NEW YORK – NOVEMBER 15: Islam Makhachev of Russia reacts to his victory over Jack Della Maddalena of Australia in their UFC welterweight championship bout during UFC 322 at Madison Square Garden on November 15, 2025 in New York City. (Photo by Cooper Neill/Zuffa LLC)Zuffa LLCIslam Makhachev did exactly what he said he would do. He moved up to welterweight and dominated the champion to add the 170-pound title to his mantle. On Saturday night at Madison Square Garden in the main event of UFC 322, Makhachev defeated Jack Della Maddalena by unanimous decision.Makhachev cemented his position as…
And then there’s IKEA.Since its founding in 1943, the Swedish furniture behemoth has expanded to 487 locations worldwide. In 2024, the company reported Sales of 45 billion euros and nearly 900 million visitors to its stores — far outpacing its competitors in revenue.A similar trend has emerged in many other industries. For example, Starbucks dwarfs mom-and-pop coffee shops, Procter & Gamble dominates detergents, and Coca-Cola and Pepsi are giants in carbonated beverages. “The leader in each of the areas is much bigger,” he says Sara Moreiraassociate professor of strategy at Kellogg.Moreira wondered how these companies became so huge compared to…
Is buying this supposed to be a major decision? Fairfax, DE: Residence Section. Undated photo.Bettmann ArchiveBuy low, sell high – the axiom of investing. The complaint that today ordinary people cannot afford houses means that they are purposely buying high. This is exactly what people should be. One does not buy high, according to all the rules of investing. One must buy low. One should relax, be nervous when prices are high, as a buyer, and only move when prices are low. Here’s the outrage: this is where we’re supposed to live. How can an investment decision with worldly consequences…
In this episode of the Personal Finance Podcast, we’re going to talk about the powerful portfolio strategies, and which one is right …