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Harmoni's finances are complex, with hundreds of shareholders and different classes of stocks.
Mr. Robertson shifted his focus to "macro" bets -- attempts to forecast the future of whole classes of stocks, even whole economies.
Maybe this is an indicator of how the market bottoms out by classes of stocks rather than stock sectors.
Ibbotson Associates, a Chicago research firm, has tracked the performance of different classes of stocks over time.
You can do multiple conversions with separate asset classes of stocks and then keep the best-performing conversions as Roths, while reversing the rest.
If you can stand the complexity, you can do multiple conversions with separate asset classes of stocks and then keep the best-performing as Roths, while reversing the rest, points out IRA specialist Robert Keebler, a CPA in Green Bay, Wis.
Similar(52)
Google is proposing to have three classes of stock.
Like many media companies, it has two classes of stock.
Companies have been issuing preferred classes of stock for decades.
One company had three classes of stock (high-vote, super-high-vote and low-vote).
As a red-blooded capitalist, I understand why dual classes of stock are frowned upon.
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