The Greek crisis is like a barber shop – everyone gets to talk all the sh*t they want but at the end of the day, someone’s getting a haircut.
Joshua M Brown
“the one who will suffer most
“Wealthy Greeks have gotten their money out already,” continued the German, noting that the next days could unfold like the example provided by Cyprus.
Some stuff you should know about Greece before you lose your s***
Welcome to year five (or year 2600, depending on your chosen starting point) of the Greek financial crisis. Some things worth keeping in mind: 1. Greece invented finance. It was the starting point of currency and “movable” wealth. It was the birthplace of banking, personal loans, securitized lending, real estate loans, credit-based trade, endowment investing, capital…
This Week on TRB
These were the most read posts on the site this week, in case you missed it:
Investing is Emotional
The S&P 500 is up 167% in the past five years, including dividends.
It could easily be one of the best five-year investing periods you will ever experience.
Topics for the Ritholtz Wealth Management Client Conference Call
On June 30th, my investment firm will be holding its Q2 client conference call. Because we’ve got a clientele that spans the entire country, we’ve found that holding a call during which we address important topics and take questions from our investors is a really effective way to communicate. In the weeks leading up to…
Hot Links: A Little Trouble in Big China
What I’m reading this morning
QOTD: Clear Horizon
“the investment horizon will be clearer than it has been for many months”
Some Jurassic Reminders
I took the kids to see Jurassic World last weekend and I absolutely flipped for the movie, it was so good on so many levels. I also took a few lessons / reminders away from the film about investing that I thought were interesting. I wrote it up for Fortune and it just hit the…
Post-Work
Derek Thompson has really outdone himself with his long-form story on the possibility a post-work economy.