The Broker Who Saved America
The hero of the American Revolution you’ve never heard about
Eight Lessons From Our First Year
This week marks the one-year anniversary of my registered investment advisory firm, Ritholtz Wealth Management. As co-founder and CEO, I’ve spent the last 12 months learning the process of starting an investment management firm, laying the foundation for sustainable growth, recruiting high-quality staff members, hiring (and firing) vendors and building in-house products and services that are competitive in…
The Best of TRB 2014 – Fun Stuff
This week I’m in Disney World with the family, our first proper vacation all together in years. As such, I’m off the grid and away from computers of any kind (I’m trying to stay married, you guys). But while I’m gone, I’ve left you some stuff to catch up on… These were the biggest posts…
Financial Media Wakeup Call: The Big Disconnect
I was having a discussion with the CEO of one of the largest financial media companies in the country yesterday. A few points I made: 1. The population of DIY investors who want to actively trade their own stocks each day and need news that caters to them is small and shrinking (their estimates are…
Bernard Baruch’s 10 Rules of Investing
You want someone to emulate? Bernard Baruch (August 19, 1870 – June 20, 1965) was the son of a South Carolina physician whose family moved to New York City when he was eleven year old. By his mid-twenties, he is able to buy an $18,000 seat on the exchange with his winnings and commissions from…
T.I.N.A. (or the Seller’s Dilemma)
In 1901, steel magnate Andrew Carnegie sold his entire empire to JP Morgan for $480 million – a sum he had scribbled on a piece of paper and that Morgan did not haggle over. After years of the kind of debilitating economic and political warfare it took to remain on top, Carnegie was finally done…
Escaping the Fear Factory
Are the birds chirping? Is tranquility close at hand? There are many who believe so or at least admit that they can see it in sight. The world is awash in liquidity and opportunity abounds in every region around the world: Distressed investors in Europe are now reaping the benefits of their midnight maneuvers where…
Their Risks are Our Opportunities
The world is a risky place and the financial markets seek to reflect those risks every day. It is not until you begin to understand the nature of risk that you learn how fantastic it is as an opportunity creator. When most people consider investing risk, they focus on how much they can lose in…
The purpose of this site
The purpose of this site is to make me a smarter investor and a more knowledgeable advisor to my clients. I read research and news for hours, thousands and thousands of words each day, to make sure that I’m aware of everything that’s happening. I blog or link to much of what I read in…
Two-Word Investment Outlooks
Yeah, I said it.
In 2012 I Learned That…
It’s already the last day of 2012? How did that happen? Did we at least learn something? You’ve already heard enough from me this year, below I get a little help from my friends! Enjoy and Happy New Year – JB In 2012 I Learned That… Herb Greenberg (CNBC): we can ignore the Mayans. Lauren…
ENTER THE FINANCIAL BLOGOSPHERE
“Shaolin shadowboxing and the Wu-Tang sword style. If what you say is true, the Shaolin and the Wu-Tang could be dangerous. Do you think your Wu-Tang sword can defeat me?” And now, my Christmas present to all of you – your guide to the entire financial web! I took 2011 off because I was consumed…
Investment Fads and Themes by Year, 1996-2012
Another year in the books and I’ve updated my Investing Fads and Themes by Year guide accordingly. It begins with 1996 because that was my first summer working on The Street and my earliest exposure to the market. So what was 2012 about? Well, there four major themes this year for investors. First and foremost,…
Good luck with that.
Hey Gang, It’s been quite a year so far, I can’t believe it’s already Thanksgiving! I thought I’d leave off with some timeless investment advice here before I head off to spend the next 36 hours pretending to like my relatives and cranberry anything. Here goes: Always seek out differing opinions and challenge your beliefs….
The Ten Things That Happen When You Begin CrossFit
This week marks three months since I began the most intense workout regimen of my entire life, CrossFit. What led to me beginning CrossFit was a realization that, if left to my own devices, I would never push myself hard enough to truly make the changes I needed to in order to get in shape….
out of office reply
Today, October 10th 2012, I will be out of the internet. Your favorite blogger will not be posting as today is The Big Picture Conference 2012! As we speak, I’m working the show, introducing speakers, moderating panels and consuming all manner of finger foods in between sessions. But I would like to relay the following…
Who are the Five Best Financial Bloggers?
A kid in college emailed this to me over the weekend: Hey JB, I’m a big fan of the blog, I told everyone in my finance courses to start reading it. Anyway, I’m double-majoring and barely have time to read things that aren’t part of my coursework but I want to make sure I have…
The Only Financial Disclaimer You’ll Ever Need
If you can’t understand this, you will probably lose a lot of money.
AMERICAN IDLE: FIVE REASONS WE HATE THE STOCK MARKET
Each week we are treated to another pontification about why Americans are dumping or avoiding stocks.
Nine Financiers
“Things have been bad with me.”
An All-Time Low
It’s not going well.
You Are Now About to Witness the Strength of Street Knowledge
Sell-side analysts on Green Mountain Coffee Roasters, are you kidding me? Here’s a company with a declining moat, accounting discrepancies, inventory 3 Card Monte, brilliant short-sellers vocally involved and a looming patent expiry on the bread-and-butter product line?
How To Make Financial Content
How To Make Financial Content
35
Tomorrow I turn 35 years old. I don’t know how that happened.
Get Your Shit Together
There you were, muddling through just like you’ve been told to do for the last four years and all of a sudden people start talking about a way out…
No One Is Ever Wrong Anymore
I’m beginning to notice a very disturbing trend and I bet you are as well – Nobody is every wrong anymore.
GREETINGS FROM DAVOS!!!
Today we have a guest post from my friend Haley Amber Feinberg, Chief Executive Intern at The Business Insider who’s been sent to Davos for the first time to cover the World Economic Forum.
Dear Jamie Dimon,
So, no, we don’t hate the rich. What we hate are the predators.
Investing Fads and Themes by Year, 1996-2011
So what was 2011 about?
"How Do You Have So Much Time to Blog?"
“How do you have so much time to blog?” This is the question I get asked more than any other and I get it constantly. Via email, via Twitter, in real life, in the comment section below a post, on the phone, in meetings, at the bar, at dinner, at my kid’s soccer practice, in…
Occupy Wall Street! The Musical
I’ve begun writing, composing and doing some basic arrangements for Occupy Wall Street! The Musical. Below is an overview of the show to satiate your appetite while we develop the finished product and meet with producers. – JB *** Cast: Jenny – A young woman working on Wall Street for Goldman Sachs but unsure of…
Groupoem
(or an IPO for the Ages)
Alex P. Keaton: An Alternative History
In the final episode of Family Ties, which aired in the spring of 1989, Alex P. Keaton (played by Michael J. Fox) was en route to his dream job at a major Wall Street investment firm after graduating college.
The Ten Crash Commandments
I been in this game for years, it made me a animal There’s rules to this s**t, I wrote me a manual A step by step booklet for you to get your game on track, not your wig pushed back The Ten Crack Commandments, Notorious B.I.G. I don’t try and guess the close on days…
I Might Lose It
I might lose it.
"And then all of a sudden…"
The ability to read the tape along with a basic understanding of technicals will help you put all that news and information you have to actual use.
The Man Behind the Curtain
Every once in awhile, something jolts us awake from this imagined existence under the benevolent guardianship of the Man Behind the Curtain.
Leaving the Party Early
Should the bull market persist and take out new year highs, I’ll be along for the ride even if underinvested.
Lessons from the Great Escape
Today is the one-year anniversary of my escape from the brokerage industry, my own personal Independence Day.
Contrition
The 6th Commandment of the Financial Web: Thou Shalt Not Say Anything Neutral About Barack Obama
but before I go…
“Had I known Josh’s blog was going to get so big, I never would’ve allowed him to do it.” – my old boss I’ve spent the first half of my life being underestimated. It used to bother me, now I use it to my advantage – they never see me coming. And god help the…
The Real Wall Street Dress Code
Here’s what this summer’s Wall Street freshmen should wear if they want to dress for reality…
Bloggers as the Conscience of Wall Street
We are market professionals and we are blogging about our industry in a very personal way. We are the conscience of Wall Street.
Become a Macro Strategist in Five Easy Steps!
“The old men who are going to be your primary readers are really, really into war imagery…”
Financial Blogging Secrets: The Bible
All of my tips, tricks, rules and opinions on financial blogging, now in convenient blog post form!
On a Personal Note…
2010 turned out to be one of the most important years of my life.
Investing Fads and Themes by Year, 1996-2010
Another year in the books and I’ve updated my Investing Fads and Themes guide accordingly. So what was 2010 about?
Don’t Get Stockblocked
There’s a bull market in amateur financial blogging right now, don’t let it affect your investments.
Financial Blog Wars
My annual guide to who’s who in the financial blogosphere, updated for 2010.
This is the Remix: Classic Wall Street Quotations for 2010
Your favorite classic Wall Street quotes, remixed for the modern world.
things the grandkids should know
some stuff about your humble commentator…
Zagat Sovereign Risk Reviews
Zagat Survey readers take on the investment opportunities in various countries around the world.
On Stocks and the Costanza Paradox
If George Costanza was running a hedge fund right now, he’d be absolutely killing it.
Beastie Trading
The use of sampling on Wall Street.
…You Might Be a Gold Bug.
Gold bugs have been around for over 100 years, lurking at the fringes of the investment community and singing the praises of the yellow metal to anyone who will listen. As a result of the plunging US dollar, apocalyptic drops in asset prices and the commodity’s eight year bull market, gold has attracted a huge…
The Good News: Bad Economy = Great Music
In times of economic stress, great new styles and movements emerge in American popular music. Below is a chart I’ve put together to illustrate my point. Interestingly, frivolous pop excess gets swept away as well when we get serious about the artists we want to listen to in tough times. Below is The Reformed Broker’s…
Good Bank, Bad Bank by Dr. Seuss
Good Bank Bad Bank Wood Bank Fad Bank Red Bank Blue Bank Old Bank New Bank