Joshua M Brown

Most Over and Undervalued Home Markets in America

Michelle Meyer, a (very good) economist at Bank of America Merrill Lynch, takes a look at the most and least overvalued real estate markets in the US circa now. I believe that disposable income per capita is an important consideration here… The recovery in home prices has been impressive. National home prices have increased 24% from the trough…

ALERT: Nasdaq Composite On Fleek

This is a developing story, but this morning the Nasdaq Composite Index just took out the 5000 level within the first hour of trading. It’s been fifteen years since it peaked at these levels and a lot has changed. Most notably, all of the promises of the internet’s potential to change the world have come…

America as 100 College Students

via This infographic was produced for the Bill and Melinda Gates Foundation. It illustrates what America’s demographic profile would be if the country’s population were comprised of only 100 college students. The Bill and Melinda Gates Foundation assert this diversity should be considered in planning tomorrows education policies.

Berkshire Hathaway’s Willingness to Kill

I’m poring over the just-release 2014 annual letter to Berkshire Hathaway shareholders today and, as usual, I’m finding nuggets of wisdom on every single page. One really interesting bit I wanted to pass on concerns a crucial benefit that their conglomerate structure offers. In countering the idea that Berkshire should break itself up or spin off…

This Week on TRB

Cartoon by MStreeter, Savannah Morning News These were the most read posts on the site this week, in case you missed them: 

Why Housing Stocks are Going Llama Right Now

This is the iShares US Home Construction ETF. It’s broken out above its prior peaks and is up 9.3% in the month of February. Why? What’s going on? My new piece at Fortune takes a few guesses, read it here: 10 reasons the housing market could go ballistic this spring (Fortune)