Joshua M Brown

The Real Bubble Has Always Been in Active Management

Michael Burry joins the chorus of people referring to indexing and passive investing as a bubble. It’s not his main point – which is that value small caps are being ignored, which is true – but it’s a point we now hear tossed off on a daily basis as casually and nonchalantly as though the…

Give me all the smoke, I’m here for it.

This tweet blew up… https://twitter.com/reformedbroker/status/1165784853784256512?s=21 I have a big SEP IRA contribution to make this October  I can’t touch that money again for 25 or 30 years. Where will the US stock market be then? I don’t know, but it’s worth betting that it’ll be higher If it’s flat or not up that much, at…