Bill Ackman calls out Herbalife
He's quite right about his analysis of the company, but he's taking a serious risk by shorting the stock. Markets can remain irrational much longer than you can remain solvent. Timing the moment when people wake up to reality is incredibly tough to do.
Des Moines just got 15 minutes closer to Chicago
Illinois is getting a 70-mph speed limit on rural Interstates
Essential reading for investors
Warren Buffett's 1975 letter to Katharine Graham (of the Washington Post) about pension investments is brilliant stuff
When an American comes home
The British "suspect that our surface friendly optimism might possibly be fake"
Immigrants who come to the US to attend college tend to do very well economically
A 2009 study by a Canadian author concludes that the immigrants who come to the US at college age tend to be the ones who do the best by immigrating. Coming over at a younger age appears to make them very comparable to native-born Americans, and those who come later tend to have to play more catch-up in the job market.
A different "duck" dynasty