FINANCIAL LITERACY
To set a fair valuation of a property for a transaction, turn to a certified residential this professional
What is an appraiser?
Like the mutual kind, an ETF is an exchange-traded this, which trades like a stock
What is a fund?
Back in 1999 Exxon merged with this corporation; both had their roots in the Standard Oil Company
What is Mobil?
Buffett had the sense to buy $600 million worth of this company the year it introduced the Sensor razor; ka-ching!
What is Gillette?
Popular coinage name for under-$5 stocks that are risky & sometimes peddled by fraudsters
What are penny stocks?
Cash, investments & physical goods are all these, from the Latin for "enough"
What are assets?
Direct listing allows companies to sell their shares without these bank "under"lings
What are underwriters?
This company "crawled" onto the New York Stock Exchange in 1929 with just 3 products: a combine, a grader & a tractor
What is Caterpillar?
Buffett grabbed 5% of the stock in this company a few years before it introduced the gold card
What is American Express?
"Can't Touch This" rapper who lost his millions on investments like 19 thoroughbreds but came back as a tech startup guru
Who is (MC) Hammer?
Colorful term for stock from an established company, regarded as a safe investment
What are blue chip?
In 2021 the wild ride of GameStop stock pitted small investors against the big boys who use this method & hope the price will fall
What is short selling?
In 2020 Pat Hanrahan & Ed Catmull of this CGI animation company won the Turing Award, called the Nobel Prize of computing
What is Pixar?
In 1972, the fudge loving Warren Buffett bought See's Candies for $25 million; it's yielded $1 billion in income and helps rocket the stock of this, Buffett's investment company
What is Berkshire Hathaway?
Long-term capital, a prominent one of these high-risk funds, tanked in 1998
What is a hedge fund?
Often used in mutual funds, it's the strategy of investing broadly across a number of investments to reduce risk
What is diversification?
If you bought stock on credit, you may be subject to this kind of call where you have to come up with more money
What is a margin call?
Ford Motors turned waste wood from auto making into charcoal briquets, which became this brand with "ford" in its name
What is Kingsford?
Buffett calls the purchase of this insurance company one of his best investments; he first bought its stock in 1951
What is GEICO?
Flooz & Beenz were trying to push online these that never caught on & lost their investors real money
What is a virtual currency?
If you hold a bond as its price rises, this other 5-letter word falls, because you're getting a lower return percentage
What is yield?
In 1941 Standard Statistics merged with this man's investment information publishing company
Who is Poor's (Henry Poor)?
Although it no longer makes its famous Cubs, this aircraft maker is still in business after more than 80 years
What is Piper?
In the '70s Buffett got into news & now has 18% of this company based in our nation's capital
What is the Washington Post?
Shy away from investments with Moody's rating D-PD; the "PD" stands for "probability of" this
What is default?