there is a finite limit of talent in every industry, a finite limit of good ideas.
Joshua M Brown
My chart of the day
Market commentary across the decades is remarkably similar. Remember this as you are reading it.
The minute this email hit my inbox I got goosebumps.
These were the most read posts on TRB this week, in case you missed it:
Do you have any doubt that this is where things are headed?
we were the 34th fastest growing firm in America
On October 28th, the day before Black Tuesday, the crescendo moment of the Crash of 1929, Time Magazine had a financier on its cover.
The investment management business is unpredictable. Investment results are wildly unpredictable from one year to the next. Every day’s activity in the markets is unknowable the morning of or the night before. Each month’s returns across asset classes is an exercise in randomness. Even if you get the destination of an investment’s value right in…
here’s the way people are learning to invest now