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This Spinoff Rear-Ended the Used Car Market October 9, 2024 by Charles Mizrahi Banyan Edge, Economy, Investing I’d rather have a root canal without anesthesia than negotiate with a used-car salesperson. That was the challenge that two retail electronic executives wanted to tackle. In 1991, they came up with a new way to sell used cars. They wanted to create a buying experience that was pleasant and enjoyable. That’s when Richard Sharp and W. Austin Ligon came up with the idea for CarMax…

Buffett Can’t Cash in on These Stocks (But YOU Can) October 3, 2024 by Adam O'Dell Banyan Edge, Investment Opportunities, Stocks Despite Buffett’s vast fortune and his army of stock analysts, there’s still ONE critical advantage you have over the “Oracle of Omaha”...

AI Will Make DOW 100K Possible… September 25, 2024 by Charles Mizrahi Banyan Edge, Economy, Investing Artificial intelligence (AI) is going to propel the Dow Jones Industrial Average to 100,000 within the next decade — maybe even sooner.

In Honor of Buffett’s Birthday: 3 Key Lessons That Could Make You Millions September 4, 2024 by Charles Mizrahi Banyan Edge, Economy, Investing Buffett’s first investors were family and friends in his hometown in Omaha, Nebraska. If you were fortunate enough to invest $10,000 with him, it would now be worth over $370 million! That’s the reason Buffett is called the “Oracle of Omaha.” Both Berkshire A and B shares made an all-time high on Buffett’s birthday. Perhaps it was Mr. Market’s birthday present to Warren. The A shares closed at $715,000. Imagine just buying three shares back in the late 1980s when they traded for less than $1,800?

The End of Labor Day: The “Bot-com” Revolution Is Almost Here September 3, 2024 by Ian King Artificial Intelligence, Banyan Edge, Technology We all remember the Jetsons, the space-age cartoon family depicted in the classic 1960's cartoon. Well, the new crop of Humanoid robots makes Rosie the Robot look like my Roomba. These robots are intended to look like and mimic humans, which makes them a perfect fit for any workspace or home in our modern world. And recent advances in robotics and AI have spurned a whole new class of robots that could be headed for delivery in early 2025.