When I went to business school at the University of San Francisco, our class was instructed to build a portfolio that we believed consisted of 10 stocks that had the best ratio of reward to risk, or in other words, the highest Sharpe ratio. I chose gold mining company Placer Dome as one of my stocks. At the time, Placer ...

  The stirrings of springtime show nature awakening. Coaxed by warming air and stronger sunlight, flowers unfurl on cherry trees and eager green buds burst forth from horse chestnuts. A little hope returns, as bees buzz and birds build nests. This year, it’s been happening a little earlier — and the reason isn’t hard to find. In Washington, the city’s ...

  The Cook Report’s Amy Walter points out that whether former President Donald Trump takes another run at the Oval Office or not, the 2024 presidential election will have at least one unusual feature. If President Joe Biden runs for re-election and wins the Democratic nomination, he’ll extend his own record for oldest major-party nominee. If he doesn’t run? Walter ...