Description: By next year, half of Medicare beneficiaries will have a private Medicare Advantage plan. Most large insurers in the program have been accused in court of fraud. Source: NYTimes.com Date: Oct 08, 2022 Link: https://www.nytimes.com/2022/10/08/upshot/medicare-advantage-fraud-allegations.html Questions for discussion: What does the report say about the reasons for the growth of these insurance companies? Should… Read more »
Posts Categorized: Personal Finance
A great week that adds to Deere & Company’s (NYSE:DE) one-year returns, institutional investors who own 72% must be happy
Description: If you want to know who really controls Deere & Company (NYSE:DE), then you’ll have to look at the makeup of its share registry. We can see that institutions own the lion’s share in the company with 72% ownership. In other words, the group stands to gain the most (or lose the most) from… Read more »
Seven in 10 Canadians want more domestic oil & gas output to cut Russian influence: poll
Description: More than 70 per cent of Canadians support increasing the country’s oil and gas production to reduce global dependence on Russian energy exports, according to a new poll released on Wednesday. Source: Yahoo.Finance.com Date: Oct 12, 2022 Link: https://ca.finance.yahoo.com/news/seven-in-10-canadians-want-more-domestic-oil-gas-output-to-cut-russian-influence-poll-161700849.html Questions for discussion: Summarize the key points presented in the article. What impact, if any,… Read more »
The economics of Costco rotisserie chicken
Description: Costco’s popular chickens have stayed fixed at $4.99 for more than a decade — even in the face of raging inflation. But it’s come at a cost. Source: TheHustle.com Date: Oct 08, 2022 Link: https://thehustle.co/the-economics-of-costco-rotisserie-chicken/ Questions for discussion: Why has Costco kept chicken prices fixed? How has this strategy fit with overall branding strategy?… Read more »
How John Deere plans to build a world of fully autonomous farming by 2030
Description: Can John Deere become one of the leading AI and robotics companies in the world alongside Tesla and Silicon Valley technology giants over the next decade Source: CNBC.com Date: Oct 02, 2022 Link: https://www.cnbc.com/2022/10/02/how-deere-plans-to-build-a-world-of-fully-autonomous-farming-by-2030.html Questions for discussion: Based on the report, how would you answer the question posed at the start? How should investors… Read more »
The banker who caused the 1929 stock crash
Description: At the outset of the Depression, Charles Mitchell was the most wanted banker in America. Today, his name’s largely been forgotten. Source: TheHustle.com Date: Oct 02, 2022 Link: https://link.thehustle.co/view/6336092910af034736048108heacb.ymsz/f4024843 Questions for discussion: What caused the crash, according to the article? Do you see similarities in today’s market and investing environment? Do you have any… Read more »
3 Ways to Prepare Yourself for the Great Wealth Transfer
Description: We have officially entered the largest wealth transfer period in history. Here are three key ways to prepare yourself for the Great Wealth Transfer and improve our financial position. Source: Entrepreneur.com Date: Sep 27, 2022 Link: https://www.entrepreneur.com/money-finance/3-ways-to-prepare-yourself-for-the-great-wealth-transfer/434715?utm_source=newsletter&utm_medium=email Questions for discussion: What does the report say about “the great wealth transfer” and how to prepare… Read more »
Pandemic savings erased amid ‘perfect storm’ of economic pressures: StatCan
Description: The financial cushion that Canadians were able to build up when pandemic-related restrictions were in place has largely evaporated, according to Statistics Canada, as household budgets feel the pinch from a number of economic strains. Source: Yahoo.Finance.com Date: Oct 03, 2022 Link: https://ca.finance.yahoo.com/news/pandemic-savings-erased-amid-perfect-storm-of-economic-pressures-stat-can-170021198.html Questions for discussion: What does the report say about the condition… Read more »
How YouTube Created the Attention Economy
Description: YouTube has consumed a good part of my days for more than a decade. As a teen-ager, I used the video-streaming platform to scrounge for crumbs of knowledge, watching free lectures on everything from algebra to literary modernism. Now I navigate to the YouTube app on my television most mornings to watch the news…. Read more »
Micron to spend up to $100 billion to build a computer chip factory in New York
Description: Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate New York, the state said on Tuesday. Source: CNBC.com – video report Date: Oct 04, 2022 Link: https://www.cnbc.com/2022/10/04/micron-to-spend-up-to-100-billion-to-build-new-york-chip-plant.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Why is this announcement so significant? What are the implications of this development… Read more »
