[embedded content] Join Downtown Josh Brown and Michael Batnick for another round of their favorite game, What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: US household net worth just hit a fresh record all-time high. Huh?The new investor class is much more diverse, […]

If this is even close to being true, I would consider it to be one silverest of silver linings of the pandemic-driven trading boom. I love it. This is from a Bloomberg Opinion piece citing data from a Yahoo / Harris poll. And a chart that blew my mind: Some takeaways: 1. Does traditional financial […]

I came across this magnificent time capsule of a magazine cover the other day and I just had to do a Where Are They Now? post about it. It came out at the very bottom of the Great Financial Crisis in March 2009. Warren Buffett and Bill Gates were seen as two of the big […]

One of the single greatest ways to better understand the markets is to know the biggest, most influential companies really well. But this is time-consuming and an ongoing process. You’re never done. Even if you’re an indexer (or a financial advisor using indexes in portfolios), if you don’t grasp the themes and concepts that are […]

One of the single greatest ways to better understand the markets is to know the biggest, most influential companies really well. But this is time-consuming and an ongoing process. You’re never done. Even if you’re an indexer (or a financial advisor using indexes in portfolios), if you don’t grasp the themes and concepts that are […]

If Donald Trump loses the election – by any margin – does anyone see him actually conceding? Me neither. Biden may not be so fast to concede either, especially given the nature of a pandemic at the polls. The (mostly made up) controversy about mail-in ballots is sure to make this an election to remember. […]

Totally agree with Peter Boockvar here: Two more things post Powell presser. The Fed Chair said that three years of no rates hikes in their estimates, assuming all else equal, is essentially forward guidance and he expressed his view that this is a “powerful” stimulus. I’ll express again my belief that it is actually the […]

Warren Buffett and Charlie Munger have studiously avoided the IPO game for almost six full decades now. Here are some quotes from Buffett that should give you some idea of his take on these types of investments: “You don’t have to really worry about what’s really going on in IPOs. People win lotteries every day…” […]

We’re not going to be able to lockdown again, societally speaking, so the only option is to power through. Baseball powered through a wave of infections. College campuses are powering through right now. There is no choice. We’re a few months away from a vaccine approval and treatments have gotten better and better. But when […]