After a nice lift straight out of the gates on a better-than-expected initial jobless claims number, I’d be looking for a lot of nothing today. The markets will likely be semi-comatose as our Jewish friends and colleagues observe the New Year’s celebration.
A quick primer on Rosh Hashanah:
Rosh Hashanah 2010 is the anniversary of the creation of the world. The Jewish calendar adds to the Christian calendar another 3760 years. That is to say that the Jewish community will celebrate this evening the year 5771.
Anyway, below are a few of my personal favorite recent TRB posts in case you missed them. Enjoy! L’shanah tovah (for a good year)!
This post on why young people aren’t going into the Financial Advisory business caused quite a stir. Off the record, many industry participants got in touch to tell me how right I was based on their own experiences in recruitment and training.
In Bring Out Your Dead I talked about the importance of using relief rallies to dump the corpses in your portfolio.
The biggest money on Wall Street has always been made with well-timed contrarian calls, much more so than with blind trend following. With that in mind, here’s my Minority Report – a look at what only a small percentage of investors currently think.
A fellow financial advisor from Carolina sent me this slide that he uses to demonstrate the insanity of what passes for advice and guidance these days. I loved it and you will too.
Welcome to the Jungle – an absolute monster of a post and a signal of my intentions to narrate the coming private vs public revolution in real-time.
How to tell the difference between a Venture Capital investment and a Private Placement? My smartass guide here.
Finally, I offered some advice to Fox News on how to fix the show Bulls & Bears. I’ve been a fan for ten years and I pointed out some very specific problems that could be addressed with minimal effort. Of course, no one from the show responded to me, so you know they’re just completely disconnected from their viewers and the blogosphere. A shame.
Markets should remain somewhat quiet through week’s end, barring any global major catastrophes. Make like Depeche Mode and Enjoy The Silence.