Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway Vice Chairman Charlie Munger’s distain toward bitcoin has only intensified amid the digital asset’s record run this year. “Of course I hate the bitcoin success,” the 97-year-old Munger said during aContinue Reading


In today’s financial services marketplace, a financial institution exists to provide a wide variety of deposit, lending, and investment products to individuals, businesses, or both. While some financial institutions focus on providing services and accounts for the general public, others are more likely to serve only certain consumers with moreContinue Reading


What Is the Effective Interest Method of Amortization? The effective interest method is an accounting practice used to discount a bond. This method is used for bonds sold at a discount or premium; the amount of the bond discount or premium is amortized to interest expense over the bond’s life. Key Takeaways: The effective interestContinue Reading


If you are traveling internationally, you will likely find that the American version of the credit score is a financial concept that is foreign to those living outside of the United States. Credit scores, as we understand them in the United States, are a measure of creditworthiness. While other countriesContinue Reading


In the English language, “global” and “international” tend to be used interchangeably—hence the confusion in the investing world when we are told that global and international funds have completely different investment goals and provide investors with different kinds of investing opportunities. It is up to the investor to perform dueContinue Reading


Society is becoming more aware of bullying in all aspects of our world—everywhere from school to online. We are recognizing that bullying can be found in many different situations. Workplace bullying has also become a more common topic of discussion, with estimates suggesting that somewhere between 25% and 50% ofContinue Reading