OverviewBerkshire Hathaway, an American multinational conglomerate holding company is headquartered in Omaha, Nebraska, United States. The multinational company since its establishment decades ago has...
What are stock options?Stock options give investors the right to either buy or sell a stock at an agreed price and date. Stock options serve as a right and not an obligation. Just like other classes o...
Scion Asset Management is a financial services company headquartered in Cupertino, California and operates as a fee-only firm. The firm has more than $263 million in assets under management (AUM) ...
Buying a car with a loan that has a high interest rate could mean driving the car for a long time before being out of debt. With increased interest rates, vehicles become more expensive and coming...
This is one of the official documents used by U.S. taxpayers to file their annual income tax returns. The form is divided into sections. There is a section to report income and another to report deduc...
Although the Internal Revenue Service might be known for its stern, it does not mean they don't always do their best to make the process of filing tax a very easy one. IRS has consistently come up wit...
Credit Default Swap (CDS) What is a Credit Default Swap (CDS)? A credit default swap (a type of credit derivative contract) refers to a financial contract that permits an investor to...
What is a Bad Credit? Bad credit is a historical bad report on a person's debt payment. The record states the person's inability to pay his or her debt when it was expected and the likelihood tha...
An asset backed security (ABS) is a security which uses an asset as the form of backing (i.e. collateral). The asset is usually something that provides consistent payments that line up with ...
The carry of any asset is the cost or benefit of owning that asset. For example oil would have a negative carry as it requires storage, but a bond would have a positive carry as it pays inte...