Joshua M Brown

What you’re not hearing about George Soros today

August 2006 – a reporter for the Financial Times walks into a former Presbyterian church-turned-dining club with George Soros. The place is deserted, save for the pair and some staffers who will serve them a quiet lunch. The reporter asks the famed investor about the infamous day in 1992 when he “broke the British pound” with his…

The Trifecta of Terrible

ValueWalk has a fascinating story posted about the worst mutual fund that ever existed. The fund was guilty of three things that, when repeated over years or decades, are almost guaranteed to destroy wealth rather than create it. We’ll call it the Trifecta of Terrible: – Charge high fees – Trade constantly – Time the…