Should annuities pay out the same for men and women?

2019-05-06

My previous post on the idea of allowing workers to buy cheap inflation-indexed annuities through Social Security with some of their 401(k) holdings raised a question: would men and women get the same monthly benefit for their premium as under private sector defined-benefit plans or different amounts as occurs todayRead More →

Health-care drama has now spread to biopharma stocks

2019-04-18

Health stocks had another bad day, with investor jitters spreading to the biotech and pharmaceutical sectors, as well. Investors’ anxiety seemed to have expanded from health retailers, managed care companies and health insurers to include biopharma companies on Thursday. The three biggest losers in the Health Care Select Sector SPDRRead More →

Investors should no longer bet on Warren Buffett

2019-03-03

When Warren Buffett’s annual letter to Berkshire Hathaway shareholders was published last weekend, media coverage focused on the chairman and CEO’s mea culpaabout Berkshire’s investment in Kraft Heinz KHC, -2.38% his lament that he couldn’t find the next big investment to buy, the accounting change that caused Berkshire to takeRead More →