Josh Brown

The Takeawayblog

The Reformed Broker, Josh Brown, distills the best of the web each day – and offers some sage advice on social media along the way.

The Takeaway: It's official, Vanguard is the new single-season champ

A new record for assets raised in a single year, how the Moynihan saved Broker Christmas and more!

Dec 20, 2012 @ 12:04 pm

By Josh Brown


Too bad you never got to enjoy any of that tail risk you prepared for. 2012 was also "the year that cried wolf." (Macro Man)

Bill Ackman lays out his short thesis on Herbalife, a stock he's already crowbarred with a mere mention of its ticker symbol. (Focus On Funds)

Three investment themes that could dominate 2013 (according to me, so you know, nine grains of salt). (The Reformed Broker)

The Biz

Its not UBS's $1.5 billion fine that's such a big deal, it's the guilty plea. When was the last time anyone admitted or denied guilt in a settlement? (DealBook)

Moynihan steps in and blocks another broker payout cut just before year-end. Good idea, Bry. (Investment News)

Advisor Bob Seawright lists his 15 most crucial daily reads. (Above the Market)

It's official - the New York Stock Exchange is sold! (NYSE)

This, too, is official - Vanguard shatters the single-year asset gathering record with over $130 billion for 2012. JPMorgan's pace-setting 2008 record sulks in a corner. (Financial Planning)

These mutual funds are taking the biggest tax bite out of shareholders this year. (Fortune)


You Vote: Which corporation had the most egregiously piggy footnote this year? (footnoted)


Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.


What do you think?

View comments

Recommended for you

Featured video


Dynasty's Penney: How to stay ahead of the curve

With rapid evolution, financial advisers stand at a unique crossroads. Dynasty's Shirl Penney offers some simple strategies to remain a step ahead of the competition.

Video Spotlight

Will It Last As Long As Your Clients Do?

Sponsored by Prudential

Video Spotlight

The Catalyst

Sponsored by Pershing

Latest news & opinion

Brian Block denies cooking the books at Schorsch REIT

Former CFO claims everything he did was 'appropriate' and 'correct.'

Interns will take on several roles at advisory firms this summer

College students are helping with client prep, firm visioning and long-term projects, among other duties.

10 funds with largest 3-year outflows

Even well-managed funds that have beaten the S&P 500’s 10.1% average annual gain have watched investors flee.

Wirehouse training programs are back

At one time, major brokerage houses ran large, expensive training programs for thousands of young brokers, and now it looks as if they are about to return to that model.

New military pension rules need financial advisers to step up and serve

Matching defined contribution plan expected to see more money, more need for sound advice.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print