Elon Musk jokes that he will buy Coca-Cola to “get cocaine back”

Elon Musk jokes that he will buy Coca-Cola to “get cocaine back”

Elon Musk said he “buys Coca-Cola to put the cocaine back in” as he jokes about what he plans to do after his $44 billion acquisition of Twitter. During a Wednesday night chat session with his 87 million Twitter followers, Musk then reposted a meme suggesting he should buy McDonald’s in order to fix the…

Wealthy investors aren’t convinced that big stock market losses mean it’s a time to buy

Wealthy investors aren’t convinced that big stock market losses mean it’s a time to buy

It’s been a tough year for an investor, and the wealthy are no exception. Losses in the stock and bond markets this year have made portfolio conversations between Wall Street investment advisers and clients more difficult. The most conservative portfolios performed as badly if not worse than the riskiest portfolios, with bonds offering little protection….