A flawed argument used by Warren Buffett could be setting stocks up for ‘one of the worst disasters in history’

REUTERS/Brendan McDermid Billionaire investor Warren Buffett made a lot of people feel better about historically stretched stock prices earlier this month. Speaking in an interview with CNBC on October 3, the chairman and CEO of Berkshire Hathaway said, “Valuations make sense with interest rates where they are.” The investment community breathed a sigh of relief. After all, […]

Carl’s Jr. Is Trying to Sell Itself To Amazon Through Tweets, for $1.7 Billion?

Let’s hope that Jeff Bezos likes cheeseburgers. Carl’s Jr., the fast food franchise known for its smutty ads, is mooching on Amazon.com, Inc. (AMZN – Get Report) to acquire it through a series of facetious tweets starting early Monday morning, Oct. 9. Along with sister chain Hardee’s, the hamburger-and-hot-dog brand could be worth about $1.7 billion, per […]