Don’t Let That FOMO Go to Waste

It’s an investing foible as old as financial markets with but with a brand new moniker: “FOMO.” Being fearful or greedy, given the right stimuli, kept us in the gene pool across the millennia. Sadly, those instincts are poisonous for investment performance. With markets near record highs and all manner of assets booming, it is the greedy side of that continuum that is going to wind up costing some people a chunk of change. It…

"Don’t Let That FOMO Go to Waste"

OVERSTOCK EXEC: ‘It’s crazy that so many retailers don’t accept bitcoin’

The price of bitcoin has been on a tear over the last year, but the number of top merchants who accept the cryptocurrency as a form of payment has retreated. That’s puzzling to Jonathan Johnson, the president of Medici Ventures, the venture capital subsidiary of online retailer Overstock. Johnson played an integral role in getting the retailer known for its furniture stock to accept the cryptocurrency. He told Business Insider that Overstock has seen a “modest”…

"OVERSTOCK EXEC: ‘It’s crazy that so many retailers don’t accept bitcoin’"