Wealth Management

APRIL 10, 2023

The natural order is being tested in the wealth management industry, and it will be some time before we see who the real winners and losers are.

Wealth Management 106

Wealth Management Banking Management 106

The Big Picture

MARCH 28, 2024

There was a steady drumbeat of worry, Complaining about the Fed’s interventions, financial repression, and the other shoe dropping. Given the widely adopted narrative about inflation, it’s not difficult to see why so many economists were expecting a recession. This was a money-losing set of narratives. 2024: It’s a bubble!

Manufacturing 335

Manufacturing Economy Economics Portfolio 335

Random Roger's Retirement Planning

FEBRUARY 25, 2023

I saw a blog post about building a portfolio anchored around a minimum volatility fund. I feel like Master Po or Master Khan would have something to say about the patience needed to build a valid portfolio and stick with it for the times where it struggles. A quick bit about healthspan. We'll get back that question in a minute.

Investing 66

Investing Investments Portfolio Medical 66

Advisor Perspectives

AUGUST 2, 2023

The unexpected downgrade of US government debt sent shockwaves across the economic and political landscapes. In financial markets, the move was met with what amounts to a shrug.

Government 52

Government Economics Financial Market Marketing 52

Diamond Consultants

APRIL 12, 2023

Much ink has been spilled on this crisis, and we will leave the discussion about the causes and implications thereof to the experts. We can, however, use past events to make some predictions about the future. Even amid one of the worst recessions in US history, advisors continued to move with record velocity.

Banking 52

Banking Wealth Management Recruitment Clients 52

Advisor Perspectives

DECEMBER 12, 2022

There’s a lot of chatter out there about recession…

98

98

Advisor Perspectives

DECEMBER 18, 2023

Jerome Powell didn't exactly say "mission accomplished" last week, but that's largely what the markets heard on Wednesday.

Marketing 52

Marketing Marketing 52

The Big Picture

NOVEMBER 6, 2023

Source: Chartr We talked about this 2 weeks ago , but the nation missed a fantastic opportunity to refinance all of the outstanding US debt at much lower levels. Every corporate debt issuer and homeowner in America refinanced at lower rates — except for Uncle Sam.

Budgeting 309

Budgeting 309

Wealth Management

DECEMBER 6, 2022

Goldman Sachs and Bank of America executives also warned of hiring slowdowns due to the uncertain economic outlook.

Economics 98

Economics Banking 98

Abnormal Returns

APRIL 12, 2024

theatlantic.com) Business Patrick O'Shaughnessy talks with Ken Langone about Home Depot and American capitalism. thealgorithmicadvantage.com) Ben Claremon talks with Scott Colson of Irrational Capital about the 'human capital factor.' (axios.com) You can now listen to Substack podcasts on Spotify ($SPOT). podcasts.apple.com)

Investing 226

Investing Investments Management 226

Advisor Perspectives

OCTOBER 23, 2023

The communications sector has been one of the best-performing sectors of the year, benefiting from both the tech boost and in certain areas, from consumer spending on services versus goods.

Media 52

Media Communication 52

Abnormal Returns

APRIL 5, 2024

wired.com) Economy Joe Weisenthal and Tracy Alloway talk with Arpit Gupta, associate professor of finance at New York University's Stern School of Business about the risk of the 'urban doom loop.' ritholtz.com) AI Ezra Klein talks with Nilay Patel about how 'A.I. (barrettsportsmedia.com) Spotify ($SPOT) still has a bot problem.

Economy 242

Economy Economics Management Banking 242

Abnormal Returns

MARCH 17, 2024

markmanson.net) Travis Kling, "The evidence for the rise of Financial Nihilism is all around us." barrons.com) Why retailers aren't talking about theft as much this year. Top clicks this week 40 lessons at age 40 including 'Life advice is like clothing.' thedailybeast.com) Why this crypto rally is different. wsj.com)

Valuation 245

Valuation Retail 245

Abnormal Returns

NOVEMBER 12, 2023

(tker.co) What does the S&P 493 tell us? awealthofcommonsense.com) Ray Dalio wants you to forget about the new book written about him and Bridgewater Associates. economist.com) This week was a good example why you should never be positioned for extremes. institutionalinvestor.com) The stock market usually goes up.

Investing 267

Investing Investments Marketing Marketing 267

Abnormal Returns

DECEMBER 29, 2023

Science Derek Thompson with Dr. Eric Topol about some big scientific breakthroughs in 2023. luxcapital.com) Russ Roberts talks with Paul Bloom about whether AI can ever be moral. ritholtz.com) Corey Hoffstein talks with Nick Baltas, Managing Director at Goldman Sachs about building multi-strategy portfolios.

Portfolio 237

Portfolio Management Investing Investments 237

The Big Picture

JANUARY 3, 2024

Full transcript below. ~~~ About Michael J. He is the author of multiple books about investing, including The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing. But I’d say more seriously, Barry, you know, we think about asset prices and you mentioned buying, you know, buying low and selling high.

Investing 180

Investing Investments Assets Numbers 180

The Reformed Broker

OCTOBER 28, 2023

ALERT: Michael, Barry, Ben and about twenty of our most highly skilled advisor / client service superstars are coming to North Carolina from November 6th through 8th to meet with clients and celebrate our new branch office in downtown Charlotte. I’ll be there too, of course.

Financial Planning 169

Financial Planning Clients Portfolio Planning 169

The Big Picture

SEPTEMBER 6, 2023

 In 2016, I wrote about the novelist and screenwriter William Goldman, and his delightful book, “ Adventures in the Screen Trade.” 2 Which brings us to “ John Wick.” Watch Danny Boyd of CinemaStix’s video (above) about the challenges of making a flick about a retired hitman.

Distribution 291

Distribution Retirement Sales 291

Abnormal Returns

DECEMBER 22, 2023

theverge.com) Economy Joe Weisenthal and Tracy Alloway talk with Anna Wong, chief US economist for Bloomberg Economics about what everyone got wrong in 2023. ritholtz.com) Eric Golden talks with Brandon Zick, CIO of Ceres Partners, about farmland investing. (theverge.com) Is employee ownership the future of podcasting companies?

Food 238

Food Economy Economics Investing 238

Abnormal Returns

MARCH 5, 2024

papers.ssrn.com) What high yield spreads tell us about momentum crashes. (alphaarchitect.com) The 2024 UBS Global Investment Returns Yearbook is here! abnormalreturns.com) Research 'Safe equities' as an alternative to bonds. mailchi.mp) Why is the value and quality factor becoming more correlated?

Retail 242

Retail Portfolio Investing Investments 242

The Big Picture

JANUARY 19, 2023

We took people’s ideas to heart, and I am even more excited about this year’s event. Come join us on September 10th through 13th in Huntington Beach, California. You will meet great people, learn a lot about the direction of our industry, and have a lot of fun to boot. Come join us in September!

Wealth Management 303

Wealth Management Financial Planning Clients Planning 303

The Big Picture

SEPTEMBER 22, 2023

The September Federal Reserve meeting is behind us we still have November and December ahead of us. ” What makes them different is that they do so very publicly and maintain an ongoing record of their forecasts about federal funds rates inflation and GDP.

Economics 314

Economics Financial Market Marketing Marketing 314

The Big Picture

SEPTEMBER 16, 2022

Coming out of the pandemic lockdown and looking to build on the “ Wealth|Stack ” concept they pioneered in 2019, the partnership between RWM and Advisor Circle threw the gauntlet down to anyone thinking about hosting a conference: Stop boring us. Stop throwing us into giant windowless locations. Challenge us.

Financial Planning 335

Financial Planning Financial Advice Financial Advisor Food 335

Abnormal Returns

NOVEMBER 10, 2023

Economy Kyla Scanlon talks with David Dayen about the gap between the economy and consumer sentiment. youtube.com) Business Matt Reustle talks with Staley Cates about the history of FedEx ($FDX). Bowman and Christine Hamilton talk with Chris Ailman and Ashby Monk about the importance of fund governance. artofmanliness.com)

Retirement Planning 251

Retirement Planning Estate Planning Economy Media 251

Abnormal Returns

SEPTEMBER 27, 2023

Podcasts Joe Weisenthal and Tracy Alloway talk with Morgan Housel about how to think about money. podcasts.apple.com) Christine Benz and Jeff Ptak talk with Michael Santoli about the state of the stock market and economy. awealthofcommonsense.com) What you need to understand about employee stock purchase plans.

Estate Planning 264

Estate Planning Taxes Insurance Retirement 264

The Big Picture

FEBRUARY 21, 2024

We’re co-conspirators in self-deception and this prevents us from having accurate self-knowledge. Full transcript below. ~~~ About this week’s guest: David Dunning is a professor of psychology at the University of Michigan. He was writing about Wall Street and investing and his insight is correct. That creates an issue.

Media 140

Media License Planning Economics 140

Abnormal Returns

SEPTEMBER 29, 2023

(outsideonline.com) Economy Joe Weisenthal and Tracy Alloway talk about climate change and insurance with Melanie Gall is the co-director of the Center for Emergency Management and Homeland Security at Arizona State University. econofact.org) Business Zak Fuss talks with Jon Ostrower about the business of Boeing ($BA).

Economy 232

Economy Insurance Management 232

Abnormal Returns

JULY 14, 2023

(econtalk.org) Ezra Klein talks with Demis Hassabis who is the CEO of Google DeepMind about what AI has already solved. ritholtz.com) Patrick O'Shaugnessy talks with Jeremy Griffon about investing in special situations. podcasts.apple.com) Non-finance Derek Thompson talks with Jordan Weissman about the Biden economy.

Economy 225

Economy Assets Investing Investments 225

The Big Picture

FEBRUARY 14, 2024

February 14, 2024) What does history tell us about how war impacts the stock market? Can these patterns inform us of future bull market behavior? In this episode, I speak with Jeffrey Hirsch about what happens to equities after global conflicts.  At the Money: Is War Good for Markets? For both following both wars.

Marketing 303

Marketing Marketing Government Numbers 303

The Big Picture

JANUARY 24, 2024

Successful investors could be looking at a big tax bill from the US government. Full transcript below. ~~~ About this week’s guest: Ari Rosenbaum serves as the Director of Private Wealth Solutions at O’Shaughnessy Asset Management , now part of investing giant Franklin Templeton. What about your taxable accounts?

Taxes 234

Taxes Portfolio Wealth Management Management 234

Abnormal Returns

SEPTEMBER 22, 2023

infiniteloopspodcast.com) Khe Hy talks with Johnny Miller about the attraction of listening to podcast on 2x. ritholtz.com) Howard Lindzon talks with Chris Temple about his documentary "This is Not Financial Advice." open.spotify.com) What the big vending machine stock boom and bust can teach us.

Financial Advice 229

Financial Advice Numbers Management Assets 229

Abnormal Returns

NOVEMBER 29, 2023

ft.com) Charlie Munger Charlie Munger taught us how to think, not just about investing. Think what a blessing that would be for us all." (etf.com) Finance Apple ($AAPL) and Goldman Sachs ($GS) are breaking up it consumer-focused partnership. arstechnica.com) Paying zero interest rates: why it's good to be a bank.

Financial Advising 253

Financial Advising Media Economy Economics 253

The Big Picture

DECEMBER 13, 2023

Recently, a post utterly perplexed me: “One doesn’t get a favorable impression of crypto from Number Go Up but in fact one doesn’t learn much about crypto at all. Indeed, Faux’s book isn’t really about crypto it’s about the rise and collapse of a bubble and the consequent madness of crowds. It’s an old and familiar story.

Numbers 303

Numbers Government Assets Management 303

Nerd's Eye View

FEBRUARY 8, 2024

As a starting point, it's important to recognize the value of taking any initial step, as without that first step, getting past the myriad choices that face us can feel overwhelming and impossible. Ultimately, the point of having goals is to keep us moving in the right direction toward the growth and progress we want to achieve.

Communication 151

Communication Clients Planning 151

The Big Picture

OCTOBER 23, 2023

The US government? ” That poor belief system has disadvantaged America — it has made us economically weaker, prevented the country from performing basic maintenance on its infrastructure, and generally made it a harsher place to live. They never bothered. just decades later at a much greater cost.

Government 326

Government Economics Taxes Budgeting 326

Abnormal Returns

FEBRUARY 6, 2024

stratechery.com) The Vision Pro is will only serve to isolate us more than we already are. awealthofcommonsense.com) Answering some questions about using the Vision Pro. wsj.com) What senior loan officers are saying about credit. sixcolors.com) How long before we start seeing Vision Pros in the wild?

Financial Advising 243

Financial Advising Valuation Manufacturing Media 243

Abnormal Returns

APRIL 23, 2024

sherwood.news) Amazon ($AMZN) has installed more than 17,000 chargers at about 120 warehouses around the US. (stratechery.com) Starbucks ($SBUX) has some $2.2 billion stored in its rewards program. msn.com) Finance How would 24/7 stock trading change things? axios.com) When will BNPL companies start reporting to the big credit bureaus?

Financial Advising 172

Financial Advising Media Economy Management 172