Stuff I’m Reading this Morning… Talk radio legend Don Imus is in talks with Fox Business. (LATimes) Wonk Wars: A recap of the regulation and markets debate between Greg Falkenstein and Justin Fox of CBS Money Watch. (Falkenblog) It’s official: Gawker is calling it the Mancession. LOL. (Gawker) These stocks actually dropped during the big…
Wall Street Journal
Squashing the Goldman Beef
You can always tell when you’re talking to someone who at one point in their career worked at Goldman Sachs. How? Simple. Within the first 5 minutes or so, they will begin a sentence with the phrase “When I was at Goldman,”. This is the real world equivalent of Anchorman‘s Ron Burgundy telling a girl…
Hot Links: Nat Gas, Mark Mobius & the NY Yankees
Stuff I’m Reading this Morning… Greenback’d posted the July mega-list of activist investor situations. Awesome. (Greenback’d) Piker gamblers hurting the casino business. (WSJ) Taobao.com is a monster of e-commerce in China. (NYT) Community newspapers doing ok, small is beautiful. (AP via YahooFinance) The 3 stages of a bear market illustrated. (InvestmentPostcards) My boy Todd Sullivan…
Torturing The Data Til It Screams
We all have at least one in our office. The guy who is quick to let you know that selling that call against Whole Foods Markets (WFMI) may be a mistake because supermarket stocks go higher on Thursdays after it rains in Akron, Ohio 77% of the time. The Data Miners. I’m cool with statistics…
Breakfast Links: Heidi Moore, Bill Clinton & Runpee.com
Stuff I’m Reading this Morning… Heidi Moore get’s her head handed to her by Matt Taibbi after her silly Goldman Defense…(TrueSlant) Is Taibbi’s next conquest Charlie Gasparino and CNBC? On Imus Radio? (Clusterstock) Mike Konczal on unemployment insurance, great post. (Rortybomb) Finally, an interesting stimulus handout: Advanced batteries for cars. (WSJ) Bill Clinton is STILL…
Breakfast Links: Post-Apocalyptic Disney
Stuff I’m Reading this Morning… JPMorgan almost bought Morgan Stanley at Paulson‘s request during the crisis. (DealBook) SIA: 2nd quarter chip sales up 17% sequentially, 4 months of gains in a row. (WSJ) Commercial RE loans blowing up faster than you thought. (Clusterstock) Nouriel Roubini goes bullish on commodities. (ResearchReloaded) A Swissman (is that a…
Smart Balance: It's Like Buttah…Maybe
I’ll start by saying that this is not a post that contains any investment advice. I do not make specific recommendations or market calls to anyone through The Reformed Broker. In this piece, I’ll be discussing the merits of one small cap company that I consider to have a very interesting story. It could double…
What Obama's "Brokers As Fiduciaries" Change Really Means
In Obama‘s new regulatory reform proposal, there is language concerning how brokers are looked at and treated versus investment advisors. From the Wall Street Journal: Currently, brokers are only required to offer investments that are “suitable,” which means they can’t put clients in inappropriate investments, such as a highly risky stock for an 80-year-old grandmother….
Hot Links: Bling, the 90's, Wharton and American CEO's
Hot Links for Weekend Reading… What was the best post of the year in each of Knowledge@Wharton‘s first ten years? Here’s what David Merkel of the Aleph Blog thinks are the thirteen most important aspects to our current economy. The Wall Street Journal needs to look itself in the mirror after this one: The Bling Culture…
What is Donald Trump Worth?
The question of what Donald Trump‘s net worth is may be like asking “what’s the meaning of life?“. The answer is different to everyone and the most interesting part of the question is the search for the answer, not obtaining the answer itself. Donald Trump’s true net worth, therefore, is unknowable. From the Wall Street…
