Warren Buffet joined Twitter on May 2, 2013 (@WarrenBuffet) letting everybody know that “Warren is in the house.” He has since tweeted only nine times proving to his 1.36 million Twitter followers that he would rather read than tweet.
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It has always been important for asset managers to carefully vet their clients and meet customer due diligence requirements. It is good business to select the right clients; those who fall within an asset manager’s target market criteria and agree with the advisor’s investment philosophy.
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With all of the uncertainty surrounding the Markets in Financial Instruments Directive (MiFID II), one thing is certain. MiFID II, which became effective 3 January 2018, has introduced a new level of transparency that the wealth management industry will need to attain.
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Laszlo Hanyecz is an early Bitcoin developer and somewhat of a legend with crypto enthusiasts. Anecdotal evidence suggests that he is the guy who, in 2010, bought two Pizzas with 10,000 Bitcoins in order to prove that digital currency worked.
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