Below is a chart of the year-to-date performance of all US stocks and US-listed ADRs by sector. Tech stocks have just been out of this world in 2013, now enjoying a 47% gain as we head into the last two months of the year. You should be aware that this triumph was accomplished without the…

Here were the most read posts on TRB this week, in case you missed them: Three Reasons Buffett’s Not Buying Why the Bulls Aren’t Doing Coke I know that we the New Slaves Stock Tribes Keep the Economists off the Trading Desk      

Some quick afternoon links to take you into the weekend… Warren Buffett was dead right about stocks five years ago, but oh how he was mocked.  (WSJ) Morgan Housel: Don’t worry to much about being more intelligent, focus instead on being less stupid.  (MotleyFool) All of a sudden Oracle shareholders give a shit about Larry…

Why do humans love lists (and listicles online)? My take is that when something says “10 ways to…” or “5 reasons why…” you are apt to click on it because you have a predefined sense of how much time it’s going to take you to get through it. Lists are easier to read because you…

One of my whip-smart readers, Cathy Leow, wrote in a really interesting take to explain the gradual and undeniable upward tilt for the PE ratios of US stocks in recent years. Cathy was formerly an economist and then a grains trader, she’s been analyzing and investing in the equity markets since 2005. I thought this…

Sorry for the late start this morning, call it a Halloween hangover from all those mini Twix bars. Anyway, I’m very excited for Barry and his new deal with Bloomberg View, just announced this morning… BARRY RITHOLTZ JOINS BLOOMBERG VIEW November 1, 2013 NEW YORK — Bloomberg View today announced that Barry L. Ritholtz is…

Berkshire Hathaway’s cash position is back up to $40 billion. The media’s take is that he has so much cash that he doesn’t know what to do with it. I think he knows exactly what to do with it – nothing. I’ve been following Buffett for fifteen years and have read almost everything notable he’s…

 “If you spend more than 13 minutes analyzing economic and market forecasts, you’ve wasted 10 minutes.” – Peter Lynch, greatest stock market investor of all time Up until 2008, it was a given that economists had no business anywhere near the trading desk. Their work was important as a framework toward understanding the interplay between the markets…

Go out on the street and try to find five people who give a shit about whether or not JPMorgan settles with the government this week or next. Try and find someone who’s got a 401(k) full of stock mutual funds who needs an SAC admission of guilt in order to “have their confidence restored.”…