Questions tagged [finance]
The management of money in which an individual or a business decides how the money will be used to generate more revenue or profit.
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Did Elon Musk pay more in taxes than every politician in the world combined?
A tweet claims Elon Musk paid more in tax than every politician on earth combined:
Which, if correct, is extraordinary.
So, did he?
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Does China receive billions of dollars of foreign aid and special WTO status for being a "developing country"?
According to this video, "China Just Lost the Space Race!",
China is a so called "developing country" which has for decades been receiving billions of dollars of foreign aid and ...
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Could Elon Musk sell $US6 billion in stock “right now”?
Recently (26 October 2021), CNN published an article with the eye-catching headline:
2% of Elon Musk's wealth could solve world hunger, says director of UN food scarcity organization
This was ...
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Was the GameStop short squeeze caused by small individual investors?
I've seen a fair number of articles recently (example) describe the GameStop short squeeze as a victory for the little guy over Wall Street. They claim that it was a bunch of small individual ...
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Are fifth freedom flights more often discounted than regular flights?
I read on https://www.flypointyend.com/5th-freedom-flights/ (mirror):
The fifth freedom allows an airline to carry revenue traffic between foreign countries as a part of services connecting the ...
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Do doctors "get more money if somebody dies from Covid”?
Source (one of many).
At a rally in Michigan on Friday (Oct 30th, 2020), President Trump repeated an
extraordinary and unfounded claim that American doctors were
profiteering from coronavirus deaths.
...
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Has the Federal Reserve been propping up stock prices since March 23 2020?
I happened upon this r/askeconomics post that hasn't been answered.
In The Hill, Thomas Lyns of Northwestern Univ and Daniel Taylor of UPenn's Wharton proclaim
So, where does all the Fed money go if ...
user16959
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Have any financial traders gotten a large shipment of a commodity sent to themselves by mistake?
Certain oil futures contracts went negative in April 2020 over the difficulty of storing crude oil. With this came a resurgence of stories of hapless traders receiving the actual commodities that were ...
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Did US Govt profit from the 2008 financial crash bailouts?
This site here says that basically, the government sold back some of the assets it bought to bail-out banks during the financial crisis of '08.
I'm assuming it was basically the federal bank that ...
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Did the IMF admit that capital controls have been successful in Malaysia?
A DW article says
Malaysia stood out as a country that refused IMF assistance and advice. Instead of further opening its economy, Malaysia imposed capital controls, in an effort to eliminate ...
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Did any U.S. president try to set up an interest free monetary system in the past?
On this ultra-fascist page 12 Things You Were Not Told About Adolph Hitler and Nazi Germany, it is claimed that:
If America nationalized their currency as Hitler did for Germany, they would ...
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Will Australian unions be getting $AU22m per year from superannuation funds?
This article from The Fair Go (a group sponsored by the Liberal Party of Australia) claims that Australian unions will get $AU22 million per year from superannuation.
IF THIS RATE OF GROWTH ...
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Is Sesame Street at risk of losing funding with Trump's new budget proposal?
Trump's latest budget proposal includes cuts to the Corporation for Public Broadcasting. There have been claims that this would endanger funding to Sesame Street. However, Sesame Street moved off of ...
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Would Trump be worth more if he simply invested in mutual funds?
I have seen several claims that Trump would be worth significantly more if he had just invested his father's money in an index.
Bloomberg puts Trump's current net worth at $2.9 billion... if Trump ...
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Is this pie graph describing US government spending accurate?
This graphic is doing the circuit on Facebook. Is the pie chart an accurate depiction of US government spending?
Look closely at this chart of federal spending.
Military 57%
Education 6%
...
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What makes up $17,500 cost to outfit a U.S. Soldier mentioned in War Dogs?
I just watched the movie War Dogs last night (good flick, btw), and they opened with a line that claims that it costs $17,500 to outfit the average US Soldier. Assuming this disregards training and ...
user36959
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Did big investors use pre-knowledge of 9/11 to short American stocks?
There are many claims that some large investors had foreknowledge of the September 11, 2001 terrorist attacks, and used that to buy "put" options - especially in the affected airlines - that allowed ...
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Did the U.S. sign a treaty with another government about the legality of a single coin?
On the Wikipedia page about the golden $20 double eagle coin, there is the following sentence:
This piece is unique as the only 1933 double eagle the U.S. government has deemed legal for its ...
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Is Warren Buffett the "only ... man in history [who] has invested billions of dollars of other people’s money successfully over the long run"?
In "$1 billion stakes on the menu", The Economist (2016-05-21 print edition) writes:
only one man in history has invested billions of dollars of other people’s money successfully over the long run: ...
user17967
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Did a court rule that advertising claims by S&P that it has credibility and reliability aren't supposed to be taken seriously?
Matt Taibbi writes in 'You F--ked Up, You Trusted Us': Talking Ratings Agencies With Chris Hayes:
In that case, the Second Circuit ruled that the plaintiffs suing S&P could not make a fraud claim ...
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Are there around S$800 billion unaccounted for in Singapore's public finances?
Christopher Balding, an associate professor at Peking University, claims in this note that
Given publicly available economic data on Singaporean finances, there is an expected asset gap of more ...
user17967
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Does winning the lottery increase odds of committing suicide?
I've heard on a few occasions claims that one should not play the lottery because it increases the odds of committing suicide later. Here are a few articles I found that at least reference the idea:
...
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Were Abraham Lincoln and John F. Kennedy the only two presidents who ever attempted to end the Federal Reserve Banking Cartel?
The image below is widely circulated on Facebook:
Is it true that Abraham Lincoln and John F. Kennedy the only two presidents who ever attempted to end the Federal Reserve Banking Cartel? The ...
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Was NYSE outage on July 8th, 2015 a result of a cyber attack? [closed]
New York Stock Exchange claims that the downtime was due "internal technical issue" and denies claims of cyber attack.
On the other hand, allegedly few hours prior to the outage Anonymous has tweeted:...
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Can credit cards be cloned remotely with an RFID reader?
This news story from "13 Investigates" shows Walt Augustinowicz (an RFID expert, and seller of RFID proof pouches) who has a portable reader than picks up credit card details while they are still in ...
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Is Miss America Organization the world's largest provider of scholarship assistance for young women?
The official website for Miss America Organization claims:
The Miss America Organization is one of the nation's leading
achievement programs and the world's largest provider of scholarship
...
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Do management consulting firms add more value to their clients than the fees they charge?
A [recent question here] prompted me to ask the more fundamental question of whether the fees charged by professional advisors can be shown to be worth it.
Many consulting firms certainly claim their ...
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Do banks typically lose as much money as they make in the long term?
Nicholas Nassem Taleb makes the following passing statement in his latest meditation on the nature and management of risk (Antifragile):
...businesses with negative optionality (that is, the ...
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Does UNICEF use less than 14% of the donated money for the advertised causes?
I have heard claims from several people in relation to the occasional donation my wife or I make: that some charities have so much waste in their organization, or use so much money to market their ...
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Does "Micro Finance" reduce poverty?
Organizations like Kiva (also discussed in a mostly unrelated question) offer small loans to low-income people in under-developed countries. From their web site:
Microfinance is also the idea that ...
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Are many successful entrepreneurs post-secondary education dropouts?
One often hears anecdotes about how successful CEOs / founders / entrepreneurs are college or university dropouts, usually bringing up the same set of examples with one or two CEOs du jour. Most ...
user792
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Do the rich in the US donate an average of 15 percent of their income?
Dick Smith in a recent rant about "selfish" rich Australians made a claim that:
In the United States, the rich donated an average of 15 per cent of
their income, Smith said. But in Australia it ...
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Does Apple have more cash reserves than the U.S. government?
There are stories like this floating in the internet.
Apple is now more liquid than the United States government, the Financial Post reports.
As the government struggles to resolve the debt ceiling ...
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Does pornography bring in more money than all US sport franchises combined?
I've been sent chain emails about pornography industry revenues and was quite flabbergasted by some of the figures. The version I recalled hearing was that pornography brings in more revenue than all ...
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Is Kiva a scam?
Or, at least, has a questionable business model?
Kiva is a website/organization that allows private persons to give micro-loans out to (very) small businesses in developing countries.
Their idea ...
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Is mathematical modelling of investment markets a "science"? [closed]
A relative of mine works for a big bank (of bailout fame) in the investment division. We had a discussion where he claimed that what he does is actually a science. Me being an engineer called baloney ...
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