A study shows that extremely rich people make the same stupid investing mistakes that average people do, if it makes you feel any better.

At least once per year, it is healthy for all of us to take a moment and reflect upon the fact that corporate executives are quite plainly using their insider status to make unfair profits on their company's stock, while you, the average unconnected jerk, remain poor. Today is that day.

In the financial world, as in the world of teen fashion, what is popular today will inevitably be reviled tomorrow. With that in mind: you simply must buy some stocks. They're absolutely divine, I hear!

"Bubble" is just "babble"—plus u. Buy! Buy! Buy! Buy! High! High! High! High!

Alan Greenspan, the guy who saved the world right up until we realized he was responsible for destroying everything, says stocks are headed up. PANIC.

The Nobel Foundation, which has been handing out the world's most prestigious prizes for more than a century, knows a lot of good economists. Maybe they should ask them how to make some money?

Do you or a loved one have an investment account—perhaps for retirement? Is any of that money invested in a "managed futures" fund? If so, stop reading now and pull that money out immediately. It is being stolen from you as we speak.

When the great recession struck in 2008, many companies desperate for help turned to Warren Buffett, the world's only well-liked rich guy. He spent the next few years spreading around tens of billions of dollars of investments in distressed companies. How's that working out for him?

There has been a growing movement of late to push colleges and universities to get rid of all their investments in fossil fuels, in the same way they were pushed to divest from holdings in apartheid South Africa a generation ago. Harvard has answered: no thx.

Ace Wall Street reporter Andrew Ross Sorkin is astonished to hear that investment consultants are worthless, something that has been fairly well understood for decades.

Here is a fact: paying people money to give you investment advice is a waste of your money. It will not make you money. DO NOT HIRE INVESTMENT ADVISORS, STOP NOW.

Price buster alert: hedge fund fees are declining slightly. One expert gushes, "'We're seeing the ability to get better fees, especially if you can commit more than $100 million' to a fund." Don't miss this opportunity to save.

College endowments are much flashier than they used to be. They frequently reach into the billions of dollars; they attract top investing talent; and, most notably, the majority of their money is in "alternative" investments like private equity and hedge funds. Is this hurting students' ability to be proper idealists?

The farther we get from the last economic collapse, the closer we get to the next economic collapse. But which bubble is next to pop? Student loans? Desert real estate? Today, we turn our untrained eye to the backbone of the U.S. stock market.

The youth of America are plagued by shocking financial illiteracy. Most can't balance a checkbook, much less invest wisely. With our apologies to the Wall Street Journal, we present to you a realistic plan for teaching your kids about money matters.

Here you will find another in a theoretically bottomless barrel of stories explaining why hedge funds are scams.

The highly paid money managers of Wall Street often point out that they're not just making money for themselves; they're helping to enrich the retirement funds of millions of state workers, just like you. False! A new study points out that the more Wall Street makes, the less your pension fund makes.

Even the lucky people who have cash to invest are often cynical about the stock market. "The game is rigged. Smart money vs. dumb money. Insiders win. Efficient markets. You can't beat the pros. Why try?" Etc. Wrong! To be a successful investor, you only need to know one thing.

Yesterday, the front page of the New York Times brought joyous news: "Even Pessimists Feel Optimistic About the American Economy." Indeed, some of our most prominent economic pundits are telling us that everything is different now. BEWARE.

It used to be that only the very rich had the opportunity to lose money by investing in hedge funds. Now, you can too!