When you’re up, talk about performance. When you’re down, talk about process. – Wall Street in two sentences — Downtown Josh Brown (@ReformedBroker) May 9, 2014 It’s all in the book. Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse
It’s Still Dre Day
My worlds are colliding as Apple acquires Beats from Dr. Dre and his private equity backers for over $3 billion. Here’s Dre and Tyrese celebrating in the lab as the news broke last night: Still gangsta. Read also: Could an Apple Beats Acquisition Make Dr. Dre the First Rap Billionaire? (MoneyBeat) …and my contribution…
Is this why innovation dies out at large firms?
Cartoon
Sgt. Pepper’s “Clash” Graphic
The brilliant and impossibly clever artist known as @darth helped me create the official banner for Clash of the Financial Pundits. He’s included just about everyone who appears in the book. Below it you’ll see the original artwork it’s based on, the album cover of the 1967 Beatles album, Sgt. Pepper’s Lonely Hearts Club Band….
Jonathan Bush, ladies and gentlemen…
Read Also: Einhorn on Athenaheath at Ira Sohn (TRB)
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Cartoon by Dan Nott, the Gabbler
Investors Prefer the Classics
I was on Amazon looking at the “stock market investing” book category to see where Clash ranks now that it’s beginning to go on sale. I was number seven last night. By the way, this is how I’ll be assessing my own self-worth for the foreseeable future, because I have emotional and insecurity issues I’m…
Russell Breaks Down, Negative Divergence in NYSE New Highs
Almost invariably, when we look back at prior market tops or periods of correction, we see that at least one or two major measures of breadth had signaled the decline. Unfortunately, we also see these divergences between breadth and price during false breakdowns as well – which is why the game is so difficult. It’s…