I’m a former chief investment officer, and this is why I don’t see a long-term future for value investing

For at least a decade now, value investors have had a terrible time, and the resurgence of value stocks in the U.S. this year has been pretty mild.

Activision CEO Apologizes After Employees Threaten to Walk Out

(Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat of an employee walkout with an all-staff email Tuesday, apologizing and calling the company’s recent actions “tone deaf.”Employees at Activision Blizzard called for the walkout on Wednesday to protest the company’s responses to a recent sexual discrimination lawsuit and demanding more equitable treatment for underrepresented staff.In Kotick’s message, the CEO said the company had hired law firm W

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  Activision Blizzard workers will stage a walkout after 'abhorrent' response to harassment suit

  TechCrunch
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  Activision Blizzard employees will walk out on Wednesday after harassment lawsuit

  Engadget

I’m retiring on my 78th birthday, have more than $200,000 in savings and share expenses with my 80-year-old boyfriend. Will I be OK?

See: We have $8 million saved for retirement, are in our early 50s and want to retire early, but are worried about healthcare expenses — what can we do? Before you get discouraged or angry, know that there are many, many variables that go into determining if one will be secure in retirement. It’s also important to note that anything can change, and even people who have amassed a million dollars or more for retirement could find themselves in a predicament that forces them to go back to work or adjust their spending.

What Tesla’s bet on iron-based batteries means for manufacturers

Elon Musk earlier this week made his most bullish statements yet on iron-based batteries, noting that Tesla is making a “long-term shift” toward older, cheaper lithium-iron-phosphate (LFP) cells in its energy storage products and some entry-level EVs. The Tesla CEO mused that the company's batteries may eventually be roughly two-thirds iron-based and one-third nickel-based across its products. Musk's comments reflect a change that is already underway within the automotive sector, mainly in China.