“This is the highest since 2004 and I had to go back to July 1980, 4 months before Reagan was elected…”
Joshua M Brown
Chart o’ the Day: Rise of Rules-Based Investing
Charts!
Chart o’ the Day: The Case for Big Bank Stocks
Chart
QOTD: Misdiagnosing Your Gains
“No one made money after Dec 15th”
The thing about Dow milestones
Thirty years ago today, the Dow Jones Industrial Average hit 2,000 for the first time ever. This reminder is particularly apropos as the DJIA has currently spent the last 20 days or so oscillating just below 20,000, coming within one (one!) point on Friday afternoon. Here’s a bit of fun from a 1996 Wall Street Journal…
This Week on TRB
These were the most read posts on the site this week, in case you missed it:
The De-Equitization of America
where did all the public companies go?
Chart o’ the Day: How to get $130 in S&P 500 Earnings
Chart
When Only Dragons Remain
Active managers have to constantly ask, “Who is on the other side?” The unrelenting objective is to find easy games, where differential skill pays off.
‘Becoming Warren Buffett’ Trailer
Video
