family office

Family offices are entities established to invest for wealthy families. While each family office has its own goals, a major goal for all is to produce future returns that beat the overall market. If that cannot be accomplished, there is no reason for a family office not to simply place its...

ArcelorMittal (NYSE: MT) is the world's largest steel company, and it is a mess. It expanded at the worst possible time and its shareholders have paid the price. The company's stock plunged during the Great Recession -- from over $100 in June 2008 to under $18 now. It has started to recover, up...

By beating Wall Street estimates with its most recent quarterly results, Wal-Mart (NYSE: WMT) has again demonstrated why it should be in the portfolio of every family office. A family office is an entity formed to invest for a designated family. Its goals are generally to beat the market...