Smith spent the last year defending a major acquisition in the court of public opinion. Now he's ready to fight the Microsoft's case in the court of law. Read More...
The Wall Street Journal
Individual Investors Hang On in Wild Year for Stocks While Pros Sell
During the wildest year for global markets since 2008, individual investors have been doubling down on stocks. U.S. equity mutual and exchange-traded funds, which are popular among individual investors, have attracted more than $100 billion in net inflows this year, one of the highest amounts on record in EPFR data going back to 2000. Hedge funds, meanwhile, have been paring how much risk they are taking in stocks or making outright bets that major U.S. indexes will tumble.
