| The Ivy for Wednesday, January 31, 2024
| | | | | | 1 Extraordinary Stock Sneaking Higher History is littered with footwear stocks that have met their doom. Among the most prominent examples of recent years is Allbirds, which debuted on the public markets in 2021 and eclipsed $30 per share before plunging lower all the way to today's price of around $1 per share. Get the full details here
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Ivy Content You May Have Missed | | | | | | S&P 500 Near 5,000, Now What? If ever the saying that the market can go remain irrational longer than you can remain solvent applied, now would be that time, especially for the bears. With the S&P 500 within touching distance of 4,900 by the close of last week, it's now within spitting distance of 5,000, a figure that seemed so far out of reach just a year or so ago when it was close to 3,500, few could imagine how far it's come. Get the full details here | | | | | |
| | | | | | 1 Brilliant Company On Sale? Warren Buffett described major selloffs in the market as times when it rains gold because the opportunity to make enormous sums of money is everywhere. He further goes on to say that unfortunately those times only come alone maybe once per decade so when they do you need to be ready to pounce in a big way. Get the full details here
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| | | | | | Never Hire a Financial Advisor Says Richest Investor If you're struggling to generate the returns you hope for and considering a financial advisor, we've got some news for you. The world's smartest investor has discussed many times in the past the dangers of hiring so-called professionals to manage money. Get the full details here
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