People look at the rich and powerful and sometimes feel that they’ve always been that way. What many don’t see are the struggles and failures endured in the early years, and sometimes even in the middle years, of these wealthy traders’ careers. It is understood that there are bumps in the road when you consider…

People tend to appreciate rare objects, and the rarer they get the more valuable they become. Unicorn companies obtain their status by following one criterion. As simple as it may seem, it’s not an easy one to achieve. In order to become a Unicorn, the privately held company needs to be valued at over $1…

Trading goes back further than 3000 BC when we began to trade goods and services with each other. It can be as simple as trading a piece of wood for a gallon of water. Let’s see how the building blocks for modern trade began. Open your trading account at AvaTrade or try our risk-free demo…

Sir John Templeton was arguably one of the greatest investors to ever walk the earth. A true contrarian, he knew well what it was to take on risk and manage that risk successfully. One of his famous quotes is: “To buy when others are despondently selling and to sell when others are avidly buying requires…

Facebook belongs to an exclusive group of companies, often referred to as FANG (short for Facebook, Amazon, Netflix and Google). Until recently, the group effortlessly maintained its stable global domination; but cracks are starting to show. On July 25th Facebook endured a fall when its revenues fell short of expectations by $322 million, causing shares…

Paul Tudor Jones is an American investor and founder of ‘The Robin Hood Foundation’, a foundation that has donated over $3 billion for various causes aimed at poverty reduction. The foundation was formed in 1988, and while its philanthropic efforts have been appreciated, its founder is perhaps more famous for what he did only a…

In 1960, at a conference in Baghdad, the countries of Saudi Arabia, Kuwait, Iran, Iraq and Venezuela resolved to form The Organization of Petroleum Exporting Countries (OPEC). Today, OPEC has grown to encompass a total of 14 oil-producing states. The organisation possesses 80% of the world’s known oil reserves and, as a result, they have…

Sergey Brin and Larry Page, the co-founders of Google, are definitely big fans of wordplay. They seem to be attracted to company names which are ‘goofy’ but still hugely significant at the same time. An example of this came in the summer of 2015 when they rolled out Google’s new operational structure under a new…

If you’re a parent, then you know just how hard it is to name your kids – You don’t want them to be made fun of by other kids or constantly tell people how to correctly pronounce their name. Naming a company can sometimes be just as tricky: You don’t want to confuse your customers…

Jesse Lauriston Livermore is probably the most famous stock trader in the history of the business. This is because, early in the 20th century, he single-handedly made and lost millions of dollars by shorting the stock market. Today, many traders know the name ‘Jesse Livermore’ thanks to the similarly-named Twitter account. Although the modern “Livermore”…

While the fictional Marvel Universe has Tony Stark, there is a real-world equivalent: Elon Musk. In fact, after Time Magazine named Musk in its ‘Time 100 List of 2010’, the director of the Iron Man film, Jon Favreau, claimed that Stark’s character was based on Elon Musk. This wealthy tech enthusiast, entrepreneur and philanthropist has…

Sometimes, it all starts with a name; Bill Gates literally means: ‘the gate of money.’ Bill Gates has been one of the wealthiest people on earth for some time now and has ranked as number one for more than half of the years Forbes has been tracking and ranking the wealthiest individuals of the planet….

Jeff Bezos is the CEO and founder of Amazon, the world’s largest retailer. He owns 16% of the company, and as of November 2018, Jeff remains the richest man alive. In 2018 he became the world’s first centre-billionaire as well as the only person to surpass the $150 billion mark in net worth, since Forbes…

Tim Cook is the man behind Apple, the world’s largest company in market capitalisation and actually the first US-based firm to hit $1 trillion, a feat it achieved only in 2018. Tim was born in 1960 in Alabama. His upbringing was a modest one; his father was a shipyard worker whereas his mother worked at…

Born on May 14th, 1984, Mark Zuckerberg is the co-founder and CEO of the social media behemoth, Facebook. Only founded in 2004, Facebook has now simply grown too big to ignore. As of Q3 2018, Facebook averaged 2.27 billion active monthly users. Throughout Facebook’s existence and meteoric rise, Mark has remained the company’s product visionary…

If you asked most people who they thought was the world’s most successful investor, you could expect many of them to say, Warren Buffett. However, there is someone else who has had a more profound effect on the investment world than anyone else, and his name is John C. Bogle. As founder of Vanguard, the…

George Soros is a world-renowned Hungarian-American stock investor, currency speculator, businessman, social activist and philanthropist. He is also one of the wealthiest living individuals in the world. With his net worth currently estimated at $24 billion, Soros can exert a tremendous amount of political influence. He is also able to sway both stock and currency…

You need to be a very tenacious individual in order to muscle your way into the most exclusive group in the world – the Billionaires’ Club. Seventy-eight-year-old investment guru Carl Icahn is someone who has exhibited this trait from an early age, and it is one of the key reasons for his success. In interviews,…

Warren Buffett is one of the shrewdest and most successful investors in the world. As a result, he has managed to amass an enormous fortune, making him one of the wealthiest people in the world. His success has also made him one of the most influential voices in the investment world, with millions of people…