A Wealth of Common Sense
Don’t Take Financial Advice From Hedge Fund Managers
Some thoughts on a dire warning from Paul Tudor Jones.
Stocks, Rates & Gold: What’s Going on Here?
Some thoughts on the relationship between gold, stocks and inflation.
Animal Spirits: The Cost of the American Dream
On today’s show we discuss changing narratives in the markets, why interest rates are rising, why you should never take macro advice from hedge fund managers, why the S&P 500 is so hard to beat, living paycheck-to-paycheck on $150k, why the 2020s inflation was so painful, 7% mortgage rates, the downside of Waymo and much more.
The Curse of Early Success
Some stories about Lee Child, Mick Herron, Michelin star restaurants and inflation.
A $12 Trillion Opportunity for Financial Advisors
A closer look at the defined contribution retirement plan opportunity for financial advisors.
Talk Your Book: The Next Big Short
On today’s show, we are joined by Jared Dillian, Founder of Jared Dillian Money to discuss Jared’s bearishness on private equity, understanding the demand side of private equity, a private equity sentiment bubble, an explosion of HVAC private equity deals, and much more!
The 5 Levels of Intelligence
My conversation with Seth Godin about his new book.
Where Does Economic Growth Come From?
The two forces that drive economic growth over time.
Am I a Permabull?
Some thoughts on my general outlook on life.
Animal Spirits: The Envy of the World
On today’s show we discuss stock market return expectations for the next decade, why there’s no euphoria, Nvidia is a unicorn, the American economy is unstoppable, millennials are richer than expected, sports gambling is coming for ETFs, how to buy a house right now, Netflix won, coaching youth sports and much more.
- @awealthofcs
BEN CARLSON, CFA
A Wealth of Common Sense is a blog that focuses on wealth management, investments, financial markets and investor psychology. I manage portfolios for institutions and individuals at Ritholtz Wealth Management LLC . More about me here . For disclosure information please see here .
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Fred Schwed Where are the Customers Yachts? Once in the dear dead days beyond recall, an out-of-town visitor was being shown the wonders of the New York financial district. When the …
Once in the dear dead days beyond recall, an out-of-town visitor was being shown the wonders of the New York financial district. When the party arrived at the battery, one of his guides …
Once in the dear dead days beyond recall, an out-of-town visitor was being shown the wonders of the New York financial district. When the party arrived at the battery, one of his guides …
Location: Michigan.
Book Summary of Where are the Customers’ Yachts. Key takeaways and quotes from a classic book on markets and the investment business.
Share to Reddit. Share to Tumblr. Share to Pinterest. Share via email. EMBED EMBED (for ... where are the customer's yachts? by fred schwed, jr. Publication date 1960 Collection internetarchivebooks; …
Fred Schwed Where are the Customers Yachts? Once in the dear dead days beyond recall, an out-of-town visitor was being shown the wonders of the New York financial district. When the …
The title refers to a story about a visitor to New York who admired the yachts of the bankers and brokers. Naively, he asked where all the customers' yachts were? Of course, none of the customers could afford …
“Where Are the Customers’ Yachts” by Fred Schwed Jr. is one of those books. I love this book. It was written in 1940 and has been republished three times since then. It is highly entertaining and outright funny. But the …