The Reformed Broker

APRIL 15, 2023

Louis XIV fascinates me, I definitely wa. Other than the lack of ice cubes Some shots: The Hall of Mirrors at Versailles, which played host to some amazing moments in the history of the world. The post This Week on TRB appeared first on The Reformed Broker.

Food 339

Food 339

Abnormal Returns

APRIL 2, 2024

By this definition, we’re in the midst of a macroeconomic anxiety attack." (bloomberg.com) Economy Justin Wolfers, "Psychologists describe anxiety disorders as occurring when the panic you feel is out of proportion to the danger you face. nytimes.com) The February JOLTS report shows a stable jobs market.

Financial Advising 231

Financial Advising Media Economy Numbers 231

The Reformed Broker

JANUARY 21, 2023

The Knicks lost but we definitely won . That’s after doing Closing Bell from the NYSE and then a quick slice at Joe’s Pizza (“Famous Since 1975). A very New York night, really reminded me of what I love so much about this town, despite its flaws and annoyances.

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The Big Picture

SEPTEMBER 2, 2022

This is the reason why a $20 trillion, complex global economy with so many different moving parts cannot rely on an oversimplified and dumbed down definition 1 — like two consecutive quarters of negative GDP. Of course, some people insist on using this definition. The FRED Blog , August 29, 2022. Soft Landing RIP (July 25, 2022).

Manufacturing 313

Manufacturing Economy Economics Sales 313

Wealth Management

MARCH 21, 2024

About 36% of affluent millennials said they’d probably or definitely leave their current firm in the next year, according to a J.P. Power survey.

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The Reformed Broker

DECEMBER 15, 2022

There’s definitely a cloud hanging over the year to come – we’ve never seen a steeper or faster rate hiking cycle in the last half century and a lot of trends that mad. The post Surviving the Recession – on newsstands now!

Financial Advisor 246

Financial Advisor Banking Marketing Marketing 246

Abnormal Returns

FEBRUARY 7, 2024

moontower.substack.com) Finance The SEC has expanded its definition of who is a 'securities dealer.' Strategy In the long run, fundamentals matter. albertbridgecapital.com) Some classic investing lessons from Ed Thorp. wsj.com) Incentives matter when it comes to capital providers. chudson.substack.com) Where corporations are borrowing.

Financial Advising 195

Financial Advising Media Retirement Assets 195

Abnormal Returns

NOVEMBER 23, 2023

nytimes.com) Fossil reconstructions are by definition, man-made. (projects.apnews.com) Drones have disrupted the nature of deep-sea prospecting. bloomberg.com) CTE isn't just an issue for professional football players. undark.org) Little was known about the Canada jay until Dan Strickland came along. npr.org)

Food 226

Food Consulting Marketing Marketing 226

Abnormal Returns

AUGUST 16, 2023

tonyisola.com) Everybody's definition of happiness is different. It's not just the wealthy. theconversation.com) How much should you save in your child's 529 plan? flowfp.com) Why young people should have an 'ownership' mentality. humbledollar.com) Wealth is ability to control your time. investmenttalk.co)

Estate Planning 228

Estate Planning Retirement Planning 228

Norman Marks

FEBRUARY 5, 2024

Governance is by definition “The combination of processes and structures […] In an article in EDPACS, Rainer explained (with my emphasis): Governance has been central to what internal auditing has been aspiring to do for a long time.

Government 110

Government Compliance 110

Wealth Management

OCTOBER 19, 2023

The Labor Department's latest attempt at amending its fiduciary definition is currently under consideration by the White House’s Budget Department and is expected to be released for comment soon.

Budgeting 122

Budgeting 122

The Big Picture

MARCH 1, 2023

I mentioned how much fun it was to get back on stage , but it definitely took a while to settle into a groove. I did a brand new presentation last week, the first one since the pandemic lockdown began 3 years ago this month.

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197

Abnormal Returns

FEBRUARY 1, 2024

sports.yahoo.com) The Vision Pro The Vision Pro is definitely a first gen device. (wsj.com) Finance More banks are marking down the value of U.S. office loans. marketwatch.com) Amer Sports ($AS) is now public. spyglass.org) Augmented reality looks to be the future of computing. vanityfair.com) A round up of Vision Pro reviews.

Financial Advising 246

Financial Advising Taxes Manufacturing Media 246

Abnormal Returns

NOVEMBER 22, 2023

riabiz.com) Planning Everyone has their own definition of 'enough.' (contessacapitaladvisors.com) When does a hobby become a spending problem. thejointaccount.beehiiv.com) The case for switching to a discount cellular plan. nytimes.com) RIP, Mint.com. humbledollar.com) Everybody says they need more money to be happy.

Retirement 260

Retirement Taxes Planning Accounting 260

Abnormal Returns

AUGUST 9, 2022

evidenceinvestor.com) Customized portfolios are by definition more concentrated. (mrzepczynski.blogspot.com) There's not much to see in tactical asset allocation ETF performance. insights.factorresearch.com) Active share doesn't tell us anything about future performance. papers.ssrn.com).

Asset Allocation 178

Asset Allocation Accounting Portfolio Assets 178

Wealth Management

SEPTEMBER 15, 2023

The IAA is urging the SEC to change its "small business" definition to be based on employee headcount instead of assets under management.

Assets 120

Assets Management 120

The Big Picture

APRIL 19, 2023

I have read endless screeds the past few years as to the return of the active investor and why passive is definitely going to fail this cycle. Meaning, with rates nearing the terminal value, bonds now generate decent yield as well as provide ballast against the volatility of the equity portion of your portfolios.

Portfolio 330

Portfolio Risk Tolerance Investing Investments 330

Advisor Perspectives

MARCH 14, 2024

Gold has definitively broken out of the range it's been stuck in since the start of this decade, reaching a record $2,195 per troy ounce this month.

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Abnormal Returns

JUNE 2, 2023

open.spotify.com) Russ Roberts talks with Luca Dellana author of "Ergodicity: Definition, Examples, And Implications, As Simple As Possible." (open.spotify.com) Non-finance Brian Koppelman talks with Seth Godin author of the new book "The Song of Significance: A New Manifesto for Teams." econtalk.org) Preet Bharara.

Portfolio Management 232

Portfolio Management Management Numbers Portfolio 232

Nerd's Eye View

APRIL 17, 2024

Some types of client disengagement can be difficult to detect until it's too late, as client disengagement manifests, by definition, as a lack of action, up until the client decides to leave the advisor altogether.

Clients 198

Clients Financial Planning Compliance Planning 198

Abnormal Returns

SEPTEMBER 1, 2023

calculatedriskblog.com) The job market is definitely slowing. (ft.com) Lessons from the mutual fund trading scandal, 20 years on. morningstar.com) Economy The August NFP showed continued growth and a 3.8% unemployment rate. bonddad.blogspot.com) The Fed is done. ritholtz.com) Seven economic myths including that the consumer is 'tapped out.'

Financial Advising 225

Financial Advising Advertising Economy Retail 225

Abnormal Returns

MAY 30, 2023

Factors Joachim Klement, "The bottom line is that the academic definition of ‘growth investing’ isn’t really a proper growth investment style." klementoninvesting.substack.com) What factors are representative of defensive equity.

Numbers 130

Numbers Investing Investments Management 130

The Big Picture

NOVEMBER 5, 2022

He co-authored the definitive book on ETFs, “ A Comprehensive Guide To Exchange-Traded Funds ,” for the CFA Institute. As Managing Director of ETF.com, he was a key participant in the rise of the passive and ETF industry. Previously, he was Was Managing Director at Barclays Global Investors. Edward Chancellor’s authored books.

Valuation 297

Valuation Economy Management Marketing 297

Abnormal Returns

APRIL 30, 2023

neckar.substack.com) First Republic First Republic ($FRC) is the definition of a 'zombie bank.' (whatsimportant.substack.com) Some all-time great quotes from the Berkshire Hathaway ($BRK.A) annual meeting. netinterest.co) Resolution of the First Republic ($FRC) seems near.

Financial Advising 212

Financial Advising Wealth Management Media Planning 212

Wealth Management

APRIL 24, 2023

Zephyr's Chris Volpe and Randy Jones discuss the upcoming Zephyr Summit: The Definitive Investment Management Summit For Enhancing Investor Experience.

Management 104

Management Investing Investments 104

The Big Picture

MAY 4, 2023

If you are a wages & labor nerd, definitely go check out the entire piece. When we reduce selection and attenuation biases—by excluding areas with local minimum wages and high-wage counties—we find large, significant positive employment effects. Previously : Why Aren’t There Enough Workers?

Food 364

Food Economy Retail Retirement 364

Abnormal Returns

JUNE 27, 2023

Strategy High uncertainty decisions, like investing, are by definition difficult. behaviouralinvestment.com) Do commodities have a role to play in a long-term, strategic asset allocation? monevator.com) Companies IBM ($IBM) keeps acquiring smaller companies to seemingly very little effect.

Asset Allocation 189

Asset Allocation Financial Advising Startup Valuation 189

Million Dollar Round Table (MDRT)

MARCH 31, 2024

Definitely not. This allows them plenty of time to perhaps enjoy a meal at the airport. They also know to have their passport with them. What if you arrived at the airport early but without a passport? Would you still be able to fly? What if you have your passport but arrive at the airport a few minutes after your flight leaves?

Insurance 82

Insurance Clients Financial Planning Planning 82

Abnormal Returns

DECEMBER 14, 2022

morningstar.com) Rest Khe Hy, "We’ve completely abandoned the concept of leisure and rest – because they are, by definition, unproductive." (peterlazaroff.com) Dan Kemp and Ollie Smith talk with Joe Wiggins author of the new book "The Intelligent Fund Investor." radreads.co) Rest is doing something that will not move your goals forward.

Investing 196

Investing Investments Retirement Planning Banking 196

Nerd's Eye View

MAY 5, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

Financial Planner 206

Financial Planner Financial Services Electronics Compliance 206

Abnormal Returns

JUNE 20, 2023

economist.com) There is no definition of a 'soft landing.' (bloomberg.com) No matter the outcome, Ukraine needs to be rebuilt. foreignaffairs.com) Economy Why OPEC has been unable to push oil prices higher. ft.com) Earlier on Abnormal Returns Research links: why size doesn't matter.

Financial Advising 196

Financial Advising Financial Services Consulting Media 196

The Big Picture

SEPTEMBER 22, 2022

The entire 72-page PDF is definitely worth checking out… Previously : Wealth Distribution Analysis (July 18, 2019). Much of the media focused on a silly number – a forecast of the number of global millionaires by 2026 at >87 million from 62 million in 2021 – a gain of ~40%. Wealth Distribution in America (April 11, 2019).

Distribution 322

Distribution Numbers Media Investing 322

The Irrelevant Investor

MARCH 2, 2024

The post These Are the Goods appeared first on The Irrelevant Investor.

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90

The Big Picture

MARCH 20, 2023

Indeed, what is a good definition of a bailout? What are the differences between insured depositors getting their cash back, a private sector rescue orchestrated by the Fed or the Swiss government, and a taxpayer-funded bailout? I spent a lot of time thinking about this while writing Bailout Nation.

Banking 314

Banking Insurance Government Management 314

Nerd's Eye View

FEBRUARY 10, 2023

Also in industry news this week: The SEC this week released its 2023 examination priorities, which include its new marketing rule, Reg BI, and complicated investments The House of Representatives is considering legislation that would broaden the definition of who qualifies as an accredited investor and is potentially eyeing a role for financial advisors (..)

Financial Planner 210

Financial Planner CFP Certification Retirement Planning 210

The Big Picture

JULY 22, 2022

I agreed to give it a shot, assembling a list of my own, filling it out with a few classics from others: Uncertainty : Objectively speaking “uncertainty” does not increase or decrease – by definition, the future is always inherently uncertain. By definition, they cannot be wrong – only better or worse than expected. What can be wrong?

Executive Compensation 350

Executive Compensation Government Marketing Marketing 350

Advisor Perspectives

JANUARY 30, 2024

Lewis coined the term ‘chronological snobbery’ According to Lewis, the definition of chronological snobbery is “the uncritical acceptance of the intellectual climate of our own age and the assumption that whatever has gone out of date is on that count discredited.”

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