The management of money in which an individual or a business decides how the money will be used to generate more revenue or profit.
Questions tagged [finance]
36 questions
79
votes
1 answer
Could Elon Musk sell $US6 billion in stock “right now”?
Recently (26 October 2021), CNN published an article with the eye-catching headline:
2% of Elon Musk's wealth could solve world hunger, says director of UN food scarcity organization
This was subsequently debunked on Twitter to which Elon Musk…
Rebecca J. Stones
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77
votes
3 answers
Is this pie graph describing US government spending accurate?
This graphic is doing the circuit on Facebook. Is the pie chart an accurate depiction of US government spending?
Look closely at this chart of federal spending.
Military 57%
Education 6%
Government 6%
Veteran's Benefits 6%
Housing &…
dsollen
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75
votes
3 answers
Have any financial traders gotten a large shipment of a commodity sent to themselves by mistake?
Certain oil futures contracts went negative in April 2020 over the difficulty of storing crude oil. With this came a resurgence of stories of hapless traders receiving the actual commodities that were trading purely as financial instruments.
From…
xnor
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votes
2 answers
Do doctors "get more money if somebody dies from Covid”?
Source (one of many).
At a rally in Michigan on Friday (Oct 30th, 2020), President Trump repeated an
extraordinary and unfounded claim that American doctors were
profiteering from coronavirus deaths.
“You know our doctors get more money if somebody…
Mawg says reinstate Monica
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59
votes
1 answer
Would Trump be worth more if he simply invested in mutual funds?
I have seen several claims that Trump would be worth significantly more if he had just invested his father's money in an index.
Bloomberg puts Trump's current net worth at $2.9 billion... if Trump had just put his father's money in a mutual fund…
Some Guy
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52
votes
2 answers
Does UNICEF use less than 14% of the donated money for the advertised causes?
I have heard claims from several people in relation to the occasional donation my wife or I make: that some charities have so much waste in their organization, or use so much money to market their charity work in order to get donations, that only x%…
RomanSt
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43
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3 answers
What makes up $17,500 cost to outfit a U.S. Soldier mentioned in War Dogs?
I just watched the movie War Dogs last night (good flick, btw), and they opened with a line that claims that it costs $17,500 to outfit the average US Soldier. Assuming this disregards training and only looks at actual supplies, this figure seems…
user36959
39
votes
3 answers
Is Kiva a scam?
Or, at least, has a questionable business model?
Kiva is a website/organization that allows private persons to give micro-loans out to (very) small businesses in developing countries.
Their idea seems rather nice to me, however there is quite a…
Lagerbaer
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30
votes
2 answers
Does Apple have more cash reserves than the U.S. government?
There are stories like this floating in the internet.
Apple is now more liquid than the United States government, the Financial Post reports.
As the government struggles to resolve the debt ceiling debate, the operating balance in Washington is at…
Vinoth Kumar C M
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23
votes
2 answers
Does "Micro Finance" reduce poverty?
Organizations like Kiva (also discussed in a mostly unrelated question) offer small loans to low-income people in under-developed countries. From their web site:
Microfinance is also the idea that low-income individuals are capable of lifting…
Flimzy
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19
votes
2 answers
Does China receive billions of dollars of foreign aid and special WTO status for being a "developing country"?
According to this video, "China Just Lost the Space Race!",
China is a so called "developing country" which has for decades been receiving billions of dollars of foreign aid and special trade status in the World Trade Organization because it's just…
Evan Carroll
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17
votes
2 answers
Does pornography bring in more money than all US sport franchises combined?
I've been sent chain emails about pornography industry revenues and was quite flabbergasted by some of the figures. The version I recalled hearing was that pornography brings in more revenue than all US sports franchises combined. I looked around…
Hendy
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votes
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Do banks typically lose as much money as they make in the long term?
Nicholas Nassem Taleb makes the following passing statement in his latest meditation on the nature and management of risk (Antifragile):
...businesses with negative optionality (that is, the opposite of having optionality) such as banking have had…
matt_black
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votes
1 answer
Did the U.S. sign a treaty with another government about the legality of a single coin?
On the Wikipedia page about the golden $20 double eagle coin, there is the following sentence:
This piece is unique as the only 1933 double eagle the U.S. government has deemed legal for its citizens to own (having been negotiated as such through…
wythagoras
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14
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Are there around S$800 billion unaccounted for in Singapore's public finances?
Christopher Balding, an associate professor at Peking University, claims in this note that
Given publicly available economic data on Singaporean finances, there is an expected asset gap of more than $800 billion SGD unaccounted for from historical…
user17967