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Showing posts with the label Finance Personalities

Rich Dad, Poor Dad Author Advises on Navigating Impending US Market Crash: Consider a Shift to....

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Financial guru and author of "Rich Dad, Poor Dad," Robert Kiyosaki, is sounding the alarm for investors, predicting a market crash in 2024. Dubbing those who adhere to traditional investment strategies as "Ship of fools," Kiyosaki took to X (formerly Twitter) to issue a warning. In a tweet on Sunday, Kiyosaki criticized the conventional wisdom of investing in a 60/40 portfolio of 60% bonds and 40% stocks, stating that such investors will be the biggest losers in 2024. Instead, he advised allocating 75% of investments into gold, silver, and bitcoin, with the remaining 25% in real estate or oil stocks to mitigate potential losses. Highlighting the severity of his prediction, Kiyosaki urged investors to reconsider their current investment strategies before it's too late. He emphasized the importance of diversifying assets to weather what he believes will be the greatest crash in world history. Supporting Kiyosaki's outlook, gold bull Peter Schiffas suggested th...

All about Larry Fink

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Laurence D. Fink holds the esteemed positions of Chairman and Chief Executive Officer at BlackRock. Alongside seven partners, he co-founded BlackRock in 1988, steering it to become a global frontrunner in investment and technology solutions. BlackRock's overarching mission is to empower clients in crafting robust financial futures, a responsibility that has positioned the firm as the world's largest asset manager. Before the inception of BlackRock, Mr. Fink contributed his expertise as a Managing Director and member of the Management Committee at The First Boston Corporation. Beyond his pivotal role at BlackRock, Mr. Fink is actively engaged in various philanthropic and advisory endeavors. He serves on the Board of Trustees for New York University (NYU) and the World Economic Forum, while assuming the Co-Chairmanship of the NYU Langone Medical Center Board of Trustees. Additionally, Mr. Fink lends his leadership to institutions such as the Museum of Modern Art, the Council on F...