The “Greater Fool Theory in Action”: Hertz’s Bankruptcy Stock Offering

Despite filing for bankruptcy, Hertz is planning on issuing $1 billion worth of common stock. Is this the Greater Fool Theory at work? Continue reading The “Greater Fool Theory in Action”: Hertz’s Bankruptcy Stock Offering

Saudi Arabia’s Public Investment Fund Bought These Stocks…Should You?

The Kingdom of Saudi Arabia is best known for being an energy superpower: It is the world’s largest exporter of oil and the second largest oil producer, controlling the world’s second largest oil reserves and the sixth largest gas reserves. However, as the … Continue reading Saudi Arabia’s Public Investment Fund Bought These Stocks…Should You?