August 2021 Magazine

house with for sale sign
Real estate investing has created fortunes for many people, including the top three richest real estate investors: 1. Donald Bren: Estimated net worth: $15.5 billion Bren made his fortune by purchasing a big stake in Irvine Company, which controlled 93,000 acres of land in Southern California, known as Irvine Ranch. That was in 1977; he…
silver bars
Although silver has maintained relative strength versus gold and appears to be in the process of establishing a bottom, the white metal remains below its key (25- and 50-day) moving averages. Unfortunately, this bottoming process is being accompanied by overenthusiastic retail investor sentiment, which is concerning from a contrarian perspective. Notably, bullish retail sentiment may…
river or creek running through trees with sun shining
Most readers are probably aware that Harvard alumni make significant contributions to their alma mater. More specifically, alumni have made contributions to the Harvard Endowment Fund that have allowed it to grow to the tune of about $42 Billion. Now, to be fair, this fund has existed in some form or another for nearly four…

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