Baltimore (TFN):
What is wealth? It is a question all of us need to ask ourselves every so often. If not, we lose track of where we are heading and where we’ve been.

As you’re reading this, I am nowhere near my computer. In fact, I’m not even in the office today. I spent the last three days increasing my “wealth.”

As they said in the movie “Poltergeist”: “They’re baaa-aaack.”

The American economy contracted only 0.7% in the second quarter, the government finalized today. That’s down from its previous projection of 1% and practically seals the deal for a positive GDP number when Uncle Sam gives his initial third-quarter guess in late October.

Some of Wall Street’s most prominent bears are turning bullish right now. But that doesn’t mean that your small-cap portfolio is safe. Here’s why these brilliant minds think that we’re back on the path to recovery — and why they’re wrong.

I don’t care what investing legend you idolize and try to emulate – Buffett, Graham, Rogers, Lynch – they all share a common recommendation.

The dollar will probably go up. Still, we’d stay away…

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK.A) is finally starting to offload its 20% stake in ratings agency Moody’s Corporation (NYSE.MCO).

Did Goldman Sachs get too greedy this time? If so, the gravy train could be coming to an end…

Warren Buffett’s storied investment vehicle Berkshire Hathaway Inc is now trading at somewhere in the region of 1.2 times its book value of $72,000 a share. This makes it well worth considering for value-minded investors.

After the crash of 1929, the market had a nice recovery. By April 1930, the market was up 41% from its lows of Nov. 13, 1929. Many believed the worst was over. One of those who did was Benjamin Graham, the father of security analysis, Warren Buffett’s teacher and a great investor in his own right.