On the road to riches and diamond rings…

…real traders see real swings. Historically speaking, a portfolio comprised of all US stocks is the surest way to build wealth. Unfortunately, this portfolio carries with it the highest volatility imaginable and is almost impossible for most people to maintain. There have been zero rolling 20-year periods between 1926 and 2013 during which stocks have…

LOL

This is an instant classic headline / lede combo from the Wall Street Journal. It’s the kind of article that only appears in the shadow of a massive bull market while a correction begins ravaging stocks sector by sector, house by house, like the final plague from Exodus. I’m smearing lambs’ blood on my IRA…

Notes from the DoubleLine Lunch with Jeffrey Gundlach, Spring 2014

The image above is of the street-facing windows and facade at the New York Yacht Club, poured and molded concrete in the shape of a ship’s stern. It’s one of the many landmarks on 44th Street, a few blocks away from my office, and the site of this Thursday’s DoubleLine Lunch with Jeffrey Gundlach for…

‘Time is Illmatic’ Trailer Hits!

‘Time is Illmatic’, the documentary based on Nas and his breakthrough album (which turns twenty years old this spring), debuts at the Tribeca Film Festival next week. Here’s the just-released trailer: See Also: Nas celebrates Illmatic’s 20th – featuring Q-Tip and the Roots (TRB)  

The Pantheon of Internet Gods

College Humor’s list of 13 Gods of the Internet is pretty awesome. As a blogger who has recently blown up his commenting section and replaced it with Facebook, this is my fave. For the full list, follow the link below… Source: The 13 Gods of the Internet Pantheon (College Humor)

The Nascent Junk Debt Bubble

One of the obvious effects of endless zero-percent interest rates and QE has been the chase for yield. This has allowed a great many borrowers to tap the credit markets and it has encouraged a a new boom of covenant-light lending (meaning lesser protections for hungry creditors) as well as a jump in junk bond…

This Week on TRB

True Blood actress Amelia Rose Blair ironically rings the closing bell of trading yesterday at the Nasdaq – which had dropped 3.1% on the week, its third straight week of losses.  Here were the most read posts on TRB this week, in case you missed them: The Most Important Difference Between 2007 and 2014 Quack Quack:…