Los Angeles Times

Q&A: If you're under 40 you should be hoping for another stock plunge, says pundit Josh Brown

Josh Brown is not your average Wall Street pundit.

Brown is chief executive of Ritholtz Wealth Management, a financial advisory firm in New York, and his blog, the Reformed Broker, is popular reading for those interested in the financial markets. The blog and his Twitter account are often witty, sarcastic, irreverent and peppered with pop culture.

In recently discussing the correlation between stock and bond prices, for instance, Brown wrote that "correlations are like Kristen Stewart - moody and unfaithful," invoking the "Twilight" actress and her tabloid-fodder love life.

Brown, 40, also has a large social-media presence - his @ReformedBroker has more than 1 million followers on Twitter - and he's on CNBC's "Halftime Report."

He's a big proponent of setting up a diversified, long-term portfolio for investors that helps them avoid being rattled by the markets' daily sudden moves. The Times asked Brown about the stock market's wild ride lately. Here's an excerpt:

Q: What's your overall reaction

Stai leggendo un'anteprima, registrati per continuare a leggere.

Altro da Los Angeles Times

Los Angeles Times4 min letti
Virginia Heffernan: Mayor Pete Has The Pedigree To Clean Up After Trump. But Is That Enough To Win In 2020?
A day will come when this long national migraine is over. Or, if you like: A day will come when the national kidney stone that has brutally ravaged America's psychic innards will have passed. Does that go too far? In any case, at some point, Presiden
Los Angeles Times1 min letti
Chaos In Mexico As El Chapo's Son, A Leader Of The Sinaloa Cartel, Is Reportedly Captured
MEXICO CITY - Gun battles erupted across the northern Mexican city of Culiacan on Thursday amid reports that the federal government had captured Ovidio Guzman Lopez, a leader of the powerful Sinaloa cartel and the son of notorious drug lord Joaquin "
Los Angeles Times2 min letti
Kings Shoot Plenty Of Blanks As Scoreless Streak Grows In Loss To Sabres
LOS ANGELES - As part of Staples Center's 20th-anniversary celebration Tuesday night, the Los Angeles Kings orchestrated an actual laser show during the first intermission, synchronizing more than 600 neon beams of light in a Guinness World Record-br