I love looking at these each year. They serve as a healthy reminder that: a) asset classes rally in multi-year streaks… b) …except when they don’t c) any asset class can “win” any given year, and any can “lose” – even last year’s big winners d) diversification is superior to trend-following for most investors e)…

Quantitative easing “worked” for all of us, but it worked much better for some than for others. Its greatest beneficiaries have been, perversely, those who’ve needed its help the very least. Let’s say, for example, your business model involves borrowing as much money as possible as cheaply as possible to put to work. If this…

Here were the most read posts on TRB this week, in case you missed them: Here Comes the Climax ‘Young Money’ – My Review Everything is Awesome!  People who cannot accurately forecast markets After the Jump

New all-time highs for the S&P 500 today combined with major trepidation over whether the good times can continue. A fitting quote from a new Howard Marks interview to end the week on, courtesy of Tyler: If I ask you what’s the risk in investing, you would answer the risk of losing money. But there…

Jeff and I did a Fact vs Fiction video yesterday for Yahoo’s Breakout show on The Wolf of Wall Street. He asked whether or not there are still any Wolves on The Street churning people’s accounts up and here’s what I told him: The Wolf of Wall Street: Fact vs. Fiction (Yahoo Finance)  

  You know what the twentysomethings in Manhattan are into these days? Drunk Brunch. True story. They go out on Saturday night to pre-game for the next morning, wake up half-drunk then start banging vodka drinks at 10 am while a DJ blasts oonce-oonce music and brioche french toast comes flying out of the restaurant’s…