Now and Then: Eras of Commercialist Excess

Check out this description of London in the late 1800’s, via George Packer’s review of Anthony Trollope’s masterpiece, The Way We Live Now: “The Way We Live Now” is one of the last examples of the three-volume serialized Victorian novel. If the genre seems nearly as alien to contemporary American readers as the Renaissance epic…

Backstage Wall Street Turns One! Thank You!

Wow. I can’t even believe that a year has passed since my book, Backstage Wall Street, first hit Amazon, Barnes & Noble and other fine stores. I began writing it in the spring of 2011, edited it with Stephanie Frerich and the amazing staff at McGraw-Hill throughout the year and then in March of 2012…

John Hempton: Google Wants to Buy Twitter Now

My esteemed colleague, hedge fund manager and blogger John Hempton, has an excellent reaction post re: Google shutting off Reader. Hempton believes, as I do, that Google is making a huge mistake with Reader. We all understand that RSS feeds are essentially a niche product for a small group of hypernerds, content creators and bloggers…

Clips from Today’s Fast Money

Today on the show – Simon Lack on why the hedge fund asset class is so futile for most investors, the chief equities guy from BlackRock and more! Highlights below:

361 Capital Weekly Research Briefing

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…

One of the Most Sentiment-Driven Rallies Ever

This morning we got news that Morgan Stanley’s chief strategist has flipped bullish after fighting the rally the whole way. The hardest part of forecasting – the thing that strategists just never seem to get, is that you can’t predict mass-sentiment. And sentiment is what determines what multiple investors – en masse – will be…