There’s a thin line between brilliance and insanity, they say. How would a Shark Tank episode have gone if some of today’s biggest companies had pitched the Sharks on their ideas? I explore this idea in my latest post at Fortune Magazine. Enjoy! Shark Tank: The lost pitches (Fortune)
Joshua M Brown
Unbiased brokerage advice
Apparently, this is a thing that actually occurred. I find it abhorrent, needless to say. UBS’ Michael Crook: Instead of cutting spending in retirement after a down year, consider securities-based loan until mkt comes back. — Greg Crawford (@gfcrawford) February 9, 2015 Greg Crawford is a journalist at industry trade mag Investment News. I don’t…
John Oliver says goodbye to Radio Shack
Glad he’s back. Sunday nights weren’t the same.
God Bless Millennials
So this: and then this: Gotta have dreams. I still do. If you ran this poll for my fellow Gen Xers in the mid-1990’s, it would’ve been more like 10%. Followed by write in categories: “Whatever.” “SFW” “Love is. What I got.” Continuing with our theme of the mass innumeracy of America, someone should explain…
‘Silicon Valley’ Season 2 Trailer Hits!
This was one of the most underrated shows of 2014. Glad they brought it back. It premieres April 12th. That song in the background is Danny Brown’s 2013 joint, Smokin’ and Drinkin’.
Hot Links: Bring it.
What I’m reading this morning
Here are the facts:
Here are the facts: The US economy has now added more than a million net new jobs over the last three months. This was the best 90 days’ worth of hiring since 1997. More jobs were created in 2014 than during any year since 1999. 759,000 people just joined the labor force and there was…
When Brokers Stand Up For Their Clients
I give the wirehouse brokerage model a lot of guff because of how antithetical its structure is to client success. The conflicts, in my opinion, are unresolvable and endemic. The whole thing should die and be reborn – just as it was in the UK when the FSA banned retail commissions and moved everyone dealing…
Why Midcaps Broke Out
Lots of technicians I follow have been talking about the breakout to new all time highs this week in the S&P MidCap 400 index. It’s the first and only major average to make a new record high since the January correction that began the year. Some collected thoughts… JC Parets saw it coming and said…
Chart o’ the Day: Global Debt Rises By $57 Trillion in 7 Years
Neil Irwin at the Upshot takes a look at a new study by McKinsey on the total indebtedness of the world. Intuitively, one would suspect that the aftermath of a global debt crisis would lead to significantly less debt being taken on by countries and businesses, stung by the bust. One would be wrong, in…