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Toyota broke its just-in-time rule

The world’s largest carmaker doesn’t have a chip-shortage problem. In contrast to the rest of the auto industry, Japan’s Toyota Motor Corp said it wasn’t expecting a shortfall of semiconductors to affect its production. In the company’s earnings call, Chief Financial Officer Kenta Kon said that as part of its business continuity plans, Toyota — which makes more than 10 ...

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Woodford’s return defies economic Darwinism

Neil Woodford, the storied UK fund manager who spectacularly crashed 16 months ago, is planning a comeback. If he’s successful in persuading investors to make him the steward of their money once again, it will defy economic Darwinism. Woodford was forced to close his eponymous firm in October 2019 after the administrators of his flagship fund dismissed him as its ...

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And Bitcoin’s volatility should burn investors!

Just over 10 years old, Bitcoin might already be the best-performing investment of all time. It might also be the most volatile, and volatility has a way of luring people into ill-timed and costly investing choices. So with all the headlines about Bitcoin’s meteoric rise, it seems reasonable to ask how its investors are doing. There’s no denying Bitcoin’s astonishing ...

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