What every investor should know
Before Money’s veteran stock picker departs for academe, he shares his insights on investing.
There are certain things that you can know as an investor and other things that you can’t. For example, I wrote in 1987 that stocks – based on the market’s price/earnings ratio and other benchmarks – were 20% over-valued and vulnerable to a steep decline. My July 1987 column was right on target: Three months afterward, stocks were crushed by the 1987 crash. [Read more →]
Fortune’s Sue Zesiger Callaway hops a ride on the Hawker 4000, a $21 million aircraft that boasts cutting-edge avionics. Plus: Jet etiquette.