In today’s edition, Michael Batnick, Ben Carlson and Downtown Josh Brown answer a very simple question that doesn’t necessarily have a simple answer. “Where should a new investor begin?”
Joshua M Brown
Changing the Ratio
Wealth/Stack is an event that focuses on the future of the financial advisory profession. And in the future, the advisor base is going to look more like the demography of the United States.
I did everything I was supposed to do
They called me in to the conference room on Friday morning, ahead of Father’s Day weekend. “Have a seat, Dave…” I sit. The whole thing happens in fifteen minutes. I have til the end of the day to say my goodbyes. I have none that I want to say. They tell me to get my…
This Week on TRB
These were the most read posts on the site this week, in case you missed it:
What if the cost of capital never rises? Ben Carlson on The Compound
Listen!
When Everything That Counts Can’t Be Counted
In the battle for capital right now, the brands and intangibles are user bases and networks are winning by a landslide
What Are Your Thoughts: Hilarious Predictions
We’re back!
A 2% tax on America’s 75,000 wealthiest families would raise $2.75 trillion
A 2% tax on America’s 75,000 wealthiest families would raise $2.75 trillion over the next decade. This is at the heart of Democratic presidential candidate Elizabeth Warren’s economic plan to reduce the enormous wealth gap between the top .1% and to raise federal revenues. The families that would eligible for this wealth tax would be…
The Big Kickoff
Eric Clarke had a problem, and only he was willing to build the solution. This is the story of Orion, which tracks over $650 billion of advisor clients’ assets.
Trump on the Fed: They’re disruptive
Here’s President Trump calling in to CNBC and describing the Federal Reserve as “very, very destructive” while making a case for a rate cut.