Ladies and gentlemen, this is the final post I will be publishing at The Reformed Broker. After today the site will be inactive, forever. I began this blog in November 2008 without any idea where it would take me. I had a negative net worth, was working at a dead-end brokerage firm job and absolutely no career prospects whatsoever – a washed up stock broker at 31 years old in the middle of a global financial crisis.... The post This is the end appeared first on The Reformed Broker ..read more

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Year End Rally – Choose your weapon – tech almost always leads bull markets. ►Calm Breaks Out – One man’s calm is another man’s euphoria? ►Record Corporate Profits – What should accompany ... The post Small Cap Tech Stocks Are Taking Off appeared first on The Reformed Broker ..read more

The new online home of Ritholtz Wealth Management has (finally) arrived! It’s ironic that we’re a firm with ten content creators and all these big blogs but we’ve never really paid much attention to what our corporate site looks like or how it works. It was just always an afterthought. Until today. Our old site was fine. It just didn’t do anything for anyone. A place for clients to log in or to put... The post Welcome to the all new ritholtzwealth.com appeared first on The Reformed Broker ..read more

We did a surprise Thanksgiving podcast drop and had our friend Morgan Housel on the show to talk about the big idea behind his new book, ‘Same As Ever‘. We get into some stuff on the responsibility of a board director, the way investors overweight bad news versus good news, the not-so-aligned incentives of the financial media and so much more. It’s not a long episode but it is as nutritionally dense as ... The post Morgan Housel: Betting on the things that never change appeared first on The Reformed Broker ..read more

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Sam Altman – OpenAI turmoil. ►Buyback SURGE – “$QQQ largest weekly inflows on record this past week.” ►NVDA Earnings – “The chip maker’s earnings beat Wall Street expectations in... The post All Hell Breaks Loose in AI appeared first on The Reformed Broker ..read more

“Armed to the teeth.” This is the phrase that came to mind as I was watching Josh Smith walk us through the demo of VRGL last week. I thought to myself it would be impossible for a mediocre financial advisor to hold onto a client relationship if something like this were in use by a rival advisor. The ability to show a prospective client this level of transparency on taxes, fees, allocation decision-making, etc... The post Armed to the Teeth appeared first on The Reformed Broker ..read more

On episode 118 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Kevin Simpson to discuss: covered call strategies, the Fed, Warren Buffett’s latest moves, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else!  Follow Michael’s blog at?... The post The Fed’s Gonna Cut appeared first on The Reformed Broker ..read more

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►October CPI – “Positive vs. negative earnings growth has been far more predictive than the political party of the president.” ►Robots Are Coming – “Here’s what we know about generati... The post Why Americans Hate Joe Biden’s Economy appeared first on The Reformed Broker ..read more

And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played.  These are the most read posts on the site this week, in case you missed it:  ... The post This Week on TRB appeared first on The Reformed Broker ..read more

OK, we’re trying something new next week for registered financial advisors only. It’s a brand new show we’ve created and you can be there virtually to watch the pilot episode live. As an advisor, you’re going to spend time, money and energy implementing new technology and asset management solutions into your practice. You may as well get good at it. register for The Smoke Show live pilot episode h... The post The Smoke Show appeared first on The Reformed Broker ..read more