And right on cue, the cyclicals kick down the door, a sixer of Schlitz in hand and a girl on each arm. “Is it cool if we party with you guys?” (RiskReversal)
Hooray! “Hedge funds using debt-trading strategies honed on Wall Street are expanding at a record pace as they profit from risks big banks are no longer taking.” (Bloomberg)
BAML: Hedge funds are the only net buyers of stocks right now. Really? (ValueWalk)
Four behavioral biases investors need to recognize and overcome. (Investopedia)
“The world is going faster. A lot faster. Does that mean that you have to become faster in order to survive and prosper?”
(Ivanhoff)
Adam Warner’s ideas for CNBC – some real and some hilarious. (Schaeffers)
Heir to the Rothschild banking empire finds the new world of global finance to be not so simple. (Bloomberg)
I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
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