Joshua M Brown

John Paulson Likes Gold…More Than a Friend

John Paulson of Paulson & Co, the legendary hedge fund manager who made tens of billions betting on the mortgage crisis between 2007 to 2009, likes gold.  He really likes it.  He likes gold more than a friend. To most market participants, this is not news, but here’s something you probably didn’t know:  Paulson owns…

Hot Links: Too Fat To Graduate

Stuff I’m Reading this Morning… Fed to Banks: Payback Time.  (Bloomberg) The nominees for Fund Manager of the Decade.  (FinancialAdvisor) Jeff Saut (Raymond James strategist) calls the bears a “Cacophany of Crybabies”.  (Clusterstock) The seven best deals on cars this Black Friday.  (CNNMoney) Horrid economy gives a boost to evangelists and religious cult of personalities. …

Whither the Wirehouse?

    Charles Schwab just conducted a poll of 200 financial advisors, all at full service firms (aka wirehouses).  More than half had at least 10 years under their belts and the median assets under management was $84 mil. The prognosis was not a good one for the name-brand wirehouse firms… From Financial-Planning.com: Less than…

The Reformed Broker for Bank of America CEO

After much soul searching and consumption of Skittles over the weekend, I’ve decided to formally throw my hat in the ring for the position of Bank of America CEO. Frankly, folks, this is the easiest job in finance right now – akin to taking over an NFL franchise the year after it goes 0 and…

Correcting the Rest of the "Headline Readers" on Goldman Sachs

There’s a pet name I’ve privately assigned to many of the bloggers out there who are so obsessed with covering every story that they barely read actual articles anymore.  It’s “Headline Readers“.  You know who they are and so do they, so we’ll leave it at that. Now that the government has just released its…

Trader Mark Spots the Mark-Up Monday Trend

Some of my most profitable and interesting discoveries in the market have occured when I’ve taken a hunch or gut feeling and then backed that up with some actual fact-finding. My boy Trader Mark (Fund My Mutual Fund) just followed up on one of his suspicions concerning why it felt as though the market’s been…

Terry Keenan Stuffs This Year's Wall Street Turkeys

The New York Post‘s always acerbically witty columnist Terry Keenan lines up this year’s Wall Street Turkeys and knocks ’em down. The names on the list are fairly predictable even to the lay person, in light of how much ink our favorite captains of finance have recieved nationally this year.  They include Vikram Pandit, Timothy…

Bad Economy = Tight and Tapered Jeans

This is just a random fashion observation I’ve made recently concerning the tightness of jeans in relation to the overall condition of the economy. Maybe Alyx from LOLFed will point out where I’m wrong (she knows this stuff), but here’s what I’ve seen: Lates 70’s to Early 80’s The first era of tight and tapered…