Joshua M Brown

Ben Shoval is Funny…I Can Prove It!

I know, I know…Finance Comedy is kind of a geeky sub-genre.  You know what?  I don’t care… I’m a finance geek and I like laughing.  That said, let me introduce you to Ben Shoval, a hedge fund guy by day and stand up comic by night who is funny whether you work on The Street or…

Interview With the Ghost of JP Morgan

  Last night,  I was working late in my office in the Helmsley Building, blocks away from the old JP Morgan Library on Madison Ave.  A stiff wind blew through the window and before I knew it, I was face to face with the Ghost of J. Pierpont Morgan! Below is our conversation: The Reformed…

Behold the Power of the 13D

  SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. –)* (Name of Issuer) …………………………………………………………………………………………………. (Title of Class of Securities) …………………………………………………………………………………………………. (CUSIP Number) …………………………………………………………………………………………………. (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) …………………………………………………………………………………………………. I plan to do a lot of posts…

Whole Foods to Shorts: "Drop Dead"

I was in a Whole Foods store on Super Bowl Sunday earlier this month stocking up on microbrews (Dogfish Head Ale) and gourmet potato chips (North Fork).  The place was packed, which was weird because half the other stores in the shopping center had “going out of business signs” in the windows. I didn’t think…

Hot Links: Berkshire, UBS and the Microsoft Store

Hot Links for Weekend Reading Warren Buffett has had a tough year so far and an especially tough week.  The Bespoke Investment Group shows us the ugly year-to-date evidence.  Berkshire Hathaway common stock was demolished during a week that saw many of Buffett’s largest stock holdings plummet, for example Wells Fargo and US Bancorp.  On…

Items That Almost Made the Stimulus Bill

With almost a trillion dollars up for grabs, congressmen and women from every state took the opportunity to shove through some of their constituents’ pet projects they’ve been sitting on for years.  Yes, the bill is pretty bloated, and many of the items have nothing to do with current economic stimulus. Unfortunately, there were some fairly…

Your Oil Stocks Aren't Coming Back, Chulo

Remember when Intel (INTC), Microsoft (MSFT), Dell (DELL), Lucent (ALU), Yahoo (YHOO) and Cisco (CSCO) ruled the markets?  There was an era, roughly 1997 to 2000 when those stocks actually mattered.  They were important companies doing big things in terms of providing the technology needed for the next century’s communications and internet build-out.  And then,…

Retraining Investment Bankers in New York City

According to a story in the New York Times, Mayor Michael Bloomberg plans to stem the loss of talent and jobs from the ailing financial sector by retraining investment bankers, similar to what Detroit has done with it’s laid-off auto workers.  With an expected 65,000 total jobs to be lost on Wall Street, will Bloomberg’s…

Quick Comment: Stanford Bank Ponzi Scheme

I’ve been asked for my thoughts on the latest Ponzi scheme, the Stanford International Bank Certificate of Deposit Fraud… #1  If you put your entire “life savings” into a bank in the Caribbean, chances are you’ve got something to hide, so…sucks for you. #2  This is a CD paying out double what every other CD…