For young investors, the line between investing and gambling has never been easier to blur. You can place a bet or make a trade on the same device, and almost instantaneously know exactly where you stand. A recent survey from financial services firm Betterment inspired a flurry of headlines about how 26% of Gen Z
Former Sequoia investor Jeff Wang is close to launching one of the biggest hedge funds this year. Wang’s Augnition Global Investors is set to start trading in October with more than $2 billion in assets, two people close to the manager told Business Insider. The launch was the talk of Morgan Stanley’s popular Breakers conference
In the high-flying world of AI investing, sometimes you get the bull, and sometimes you get the horns. After a long ride on the bull, Gen Z hedge-funder Leopold Aschenbrenner found out last week how quickly things can shift, even for a whiz kid once called the “Nostradamus of AI.” It’s a story that was