Markets

Billionaire investor Howard Marks compares gold’s value to a ‘superstition’ and criticises taxes on unrealized gains

Howard Marks expressed scepticism about gold and taxes on unrealized gains this week. Gold’s value is “almost like a superstition,” the billionaire investor told CNBC. The Oaktree Capital boss said taxes on unrealized gains are impractical and could deter investing. Visit Business Insider’s homepage for more stories. Billionaire investor Howard […]
Billionaire investor Howard Marks compares gold’s value to a ‘superstition’ and criticises taxes on unrealized gains
News

Joe Biden’s climate plan is great news for Tesla, Wall Street analyst says

Tesla is the biggest potential beneficiary from Joe Biden’s climate-change plans, according to one Wall Street analyst. Garrett Nelson of CFRA Research says Biden’s proposed acceleration of charging points and EV tax credits are great news for Tesla. Biden’s plans to reinvigorate domestic auto manufacturing could also be helpful in […]
Joe Biden’s climate plan is great news for Tesla, Wall Street analyst says