A financial adviser's favor and an odd research note that took down a $7B Ponzi scheme

<i>Breakfast with Benjamin</i> The simple gesture of a financial adviser doing a favor for a friend, and an odd research note, helped take down the Allen Stanford Ponzi scheme.
FEB 29, 2016
  • The $7 billion Ponzi scheme run by Allen Stanford was uncovered through the simple gesture of a financial adviser doing a favor for a friend. The research note that sparked thousands of stories.
  • The most successful money managers in this market will not fear the current trading and investing market. Hoping your money manager is a 'lunatic.'
  • Just because it seems like the equity markets might be calming down is no reason to overlook some of the advantages of diversifying into alternative strategies. In times like these.
  • Warren Buffett just turned up the heat on the March Madness basketball tournament. The famed investor is offering any Berkshire Hathaway employee who correctly picks the first two rounds of the NCAA tournament $1 million a year for life. “This is going to be fun.”

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