Mindblown: a blog about philosophy.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative…

FoFs are taxed based on the structure of the underlying AIF. Category I and Category II AIFs, including FoFs, set up under these categories, generally enjoy pass-through taxation, where income, other than business income, is taxed in the hands of investors rather than at the fund level. Category III AIFs, on the other hand, do…

1. What are focused mutual funds? Focused mutual funds invest in a small number of stocks, usually up to 30, to generate higher returns. 2. Are focused funds risky? Yes, these funds carry higher risk because they are less diversified, but they can offer better returns over time. 3. Which are top focused funds in…

ABC SIF offers a structured SIF investment route that aims to bridge the gap between traditional mutual funds and portfolio management services (PMS investment), subject to market risks. As the market evolves, understanding risk factors and potential returns is essential before engaging with SIFs and PMS investments. (ABC SIF) The Securities and Exchange Board of…

The US and China are considering a new mechanism that could potentially oversee economic ties and manage bilateral concerns between the two geoeconomic competitors. “We talked about potentially having even a mechanism with the US and China, almost like what we might call a US-China Board of Trade,” US Trade Representative Jamieson Greer said in…

US diesel rose above $5 a gallon for the first time since December 2022, the latest sign of surging fuel price pressures menacing the global economy as the war in Iran continues to disrupt energy supplies. The nationwide average retail price reached $5.044 a gallon on Monday, according to the American Automobile Association, up by…

Investors who are hiding out in energy stocks amid the war in Iran shouldn’t get too comfortable. That’s the message from several corners of Wall Street, including the research desks at Jefferies Financial Group Inc. and Citigroup Inc., as the war-fueled spike in oil prices extends an already market-leading performance by the energy sector.

The three biggest ETFs in the world right now are the Vanguard S&P 500 ETF (NYSEMKT: VOO), the iShares Core S&P 500 ETF (NYSEMKT: IVV), and the State Street SPDR S&P 500 ETF (NYSEMKT: SPY). Combined, they manage a whopping $2.27 trillion. Since they all track the same index, it could be assumed that they’re…

The stock market appears to be on shaky ground of late, as the S&P 500 (^GSPC +0.25%) and the Nasdaq are both down this year. There appears to be considerable apprehension from investors of late, as there’s plenty of uncertainty around the economy, and the war in Iran adds yet another element of risk into…

Xtrackers International Real Estate ETF (NYSEMKT:HAUZ) stands out for its lower cost, higher yield, and international diversification, while iShares Select U.S. REIT ETF (ICF 0.81%) maintains a more concentrated U.S. REIT approach with stronger long-term growth. Both ICF and HAUZ target real estate exposure, but they go about it very differently. ICF focuses exclusively on…