Joshua M Brown

ETF Whistleblowers Make Explosive Allegation

“The vast majority of ETPs have very low levels of assets under management and illiquid trading volumes. Many of these have illiquid underlying assets and a large group of ETPs are based on derivatives that are not backed by physical assets such as stocks, bonds or commodities, but rather swaps or other types of complex…

Mediocre Asset Management is No Longer an Actual Business

The new rules in the age of the internet – put up or shut up. If you’re not delivering alpha to the advisors and investors you want to use your products, then save the monthly outlook commentary and full-page ads in Barron’s for your mama. There’s too much information available for closet indexers charging 100…

Answering Larry’s Call

Let’s hope others heed this call as well and actually do something about it, before we squander any more opportunity for long-term returns.