In investment, the Sharpe Ratio is used to measure the performance of a strategy. But how do you know if your strategy is the best among many options? Enter the Intersection-Union Test. This test is like a competition where you compare the Sharpe Ratio of your benchmark strategy with others. The coo
ARK Invest's CEO, Cathie Wood, is confident that the next U. S. president will be friendly to tech innovation, regardless of whether it's Trump or Harris. She sees a coming boom due to reduced regulations, a view shared by both candidates, according to Wood. The firm's ARK Innovation ETF (ARKK) is u
You might be wondering how one special education department turned things around and became a shining example for others. Let's take a step back and look at the journey of Payson's special education department. Once upon a time, it wasn't where it wanted to be. But with dedication and hard work, it
Did you know that one in three people who get cancer end up in the emergency room before they find out? That's right! A team of researchers in Canada dug into this and found that about a third of new cancer patients had visited the ER within three months before their diagnosis. These visits often ha
Tech company Nvidia is in discussions with Elon Musk about investing in his AI startup, xAI. This startup is the power behind the Grok chatbot on Musk's X social network. According to reports, xAI is looking to raise billions of dollars, aiming for a valuation of around $40 billion. The company has
Bitcoin, the trailblazer of cryptocurrencies, is valued at over $1. 1 trillion, making it the most popular digital coin. On November 5, 2024, its price hit $68, 791. 26, a slight increase from the previous day. Compared to a year ago, Bitcoin has nearly doubled in value. Originally intended for pay
Last week, the La Grange Business Association held its annual meetup at Plymouth Place Auditorium to discuss the role of entrepreneurship in community growth. Stephanie Posey, the LGBA board president, highlighted the profound impact of local businesses on the economy and community. "Entrepreneurs
Queen Camilla has put her public duties on hold, following medical advice. The 77-year-old has a chest infection and needs some rest, Buckingham Palace said. This comes after a challenging year for the royal family, with both King Charles III and Princess Kate battling cancer. The queen is currentl
Did you know that people with diabetes can have eye problems? One of the biggest issues is called diabetic retinopathy. This happens when high blood sugar levels damage the blood vessels in the back of the eye, called the retina. The scarier part is that you might not even notice anything wrong unti
Warren Buffett, the chairman of Berkshire Hathaway, has been shedding shares of Apple and Bank of America, but there are three stocks he's holding onto for the long haul. These stocks, which he calls "truly wonderful" businesses, have unique advantages that make them stand out. American Express, a
