“Security. Safety. Stability.”

Apparently, you can market gold investments as “safe, stable and secure” – the exact wording used on the radio all the time and around the web in banner ads I’ve come across. Check out the one below I screen-grabbed and tweeted out: Please explain how the wording of this investment advertisement on the Washington Post…

Who is the Biggest Internet Pig of All?

John Cassidy at the New Yorker asks us which internet stock’s valuation is the piggiest of them all? Unfortunately, the answer cannot be determined by sheer accounting metrics. This is because investors tend to value web and tech stocks based on TAM (or Total Addressable Market) with the idea that once a company dominates its…

Flows Don’t Follow Value, They Follow Performance

I’m going to make a very broad point about the nature of investor behavior using a pretty specific example. I hope that you’ll consider the infinite ways in which this concept applies to virtually all areas of investing, asset allocation and business in general. People don’t change. I came across this statistic during the week…

This Week on TRB

Sarah Palin watching from her bedroom window. #Sochi2014 — Downtown Josh Brown (@ReformedBroker) February 8, 2014   Here were the most read posts on TRB this week, in case you missed them: A Field Guide to Stock Market Corrections Jason Zweig’s “Magic” Number for Retirement Chart o’ the Day: Is the Japan Trade “Over”? Revenge of…

BAML: The Taper Continues

This morning’s job number was not bad enough to forestall the taper, and the weakness of January was likely transitory according to the Bank of America Merrill Lynch US Economics team (emphasis mine)… Modestly disappointing, but no change of call The economy only added 113,000 jobs in January, following job growth of 75,000 in December….