361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…

I went to cash because (please check one): 1. Sequestration 2. The Taper 3. Obamacare 4. Debt Ceiling 5. Egypt Revolution 6. Portuguese Bond Auctions 7. US Elections 8. Syria Threat 9. Sharknado 10. Chinese GDP 11. London Whale 12. High Frequency Trading 13. Nasdaq Freeze 14. Grexit 15. Marc Faber web video appearance on cnbc.com…

  Success in any endeavor depends on the degree to which it is an expression of your true self. – Ralph Marston Five years ago this fall, I started The Reformed Broker blog in the midst of the Lehman meltdown, the credit crisis and what generally felt like the end of the world on Wall…

I suppose I don’t believe in fate but I do believe in destiny. Is that even possible? Do I want to believe in destiny because it seems to have a positive connotation while the term fate seems to have had much graver implications throughout history, religion and literature? Three years ago this month I had…

PIMCO got it half-right with its New Normal forecast early in the post-crisis period – they nailed the economic environment we’d be in but completely missed one of the top ten stock market rallies of all time. Barry Ritholtz has been writing about the Follies of Forecasting since before I was born, see this landmark…

Wow, this is an incredible deal from Amazon, get the collected letters to shareholders from Berkshire Hathaway on Amazon Kindle for just $2.99 – a savings of 88%. Over forty years of Warren Buffett’s investing wisdom for just three bucks – greatest trade ever. Berkshire Hathaway Letters to Shareholders (Amazon) Buffett’s shareholder letters are must-read…

Here were the most read posts on TRB this week, in case you missed them: The Number One Threat to the Market Charlie’s Secret Investor, Know Thyself The Mystery of Apple and Gold – SOLVED Let me save you some time      

James Gorman is the aggressively Australian chief executive officer of the combined Morgan Stanley Smith Barney colossus. He has done quite a bit to bolster the firm’s standing in the post-Lehman era and has largely been seen as successful in the role. And with his quote this morning, he’s virtually guaranteed us a bank-driven disaster…