Basic Income: The Free Money Experiments | Moving Upstream

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Basic Income: The Free Money Experiments | Moving Upstream
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Mark Zuckerberg, Elon Musk, Richard Branson and other tech titans are promoting the idea of universal basic income, as a way to help citizens weather job disruptions caused by emerging technologies. Canada is giving it a try, with a pilot program that gives participants up to $17,000 annually for three years — no strings attached. WSJ’s Jason Bellini checks in on this free money experiment. Image: Ryno Eksteen and Adele Morgan

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This Credit And Equity Fund Saw Sizable Contributions From Its Stocks In Q3

Arena Investors Chilton Capital Management Schonfeld Strategic Advisors Robert Atchinson Phillip Gross favorite hedge fundsThe DG Value Funds were up 2.7% for the third quarter, with individual fund classes ranging from 2.54% to 2.84%. The HFRI Distressed/ Restructuring Index was up 0.21%, while the HFRI Event-Driven Index declined 0.21%. The Credit Suisse High-Yield Index returned 0.91%, and the Russell 2000 fell 4.36%, while the S&P 500 returned 0.58% for Read More

Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver
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