DJ
Downtown Josh Brown
@downtown
Investor, writer, dad
I am the CEO of a wealth management firm based in New York City, a writer and a professional investor. No advice here, just jokes and opinions.
21 Posts
Got out of jury duty by showing up in a tuxedo. They couldn’t handle that shit. It's common for Wall Streeters to predict "average" stock returns of 8 to 10% going into the new year. This is unlikely to happen. My colleague Ben explains: "Going back to 1928 there has been one sin 🎵 Last Christmas, I gave you my coins 🎵 What do this year's losses mean for the S&P 500 next year? Nothing. We have a century's worth of stock market data to observe. My colleague Ben explains: The average return following an up year was 9. They set this kid's bail like a Series A round 😂 SBF was released to his parent's house on $250 million bond - the largest pre-trial bond in history. Putting aside the fact that we have no idea whose money this is that he's pledging...there are kids Best part about the northeast in December, choose one a) hideous Christmas light displays on aluminum-sided houses b) everyone is fat and sick c) steel gray skies, freezing rain d) warming up the car Today is the shortest day of the year and also probably the dumbest. 7th inning?
Dogecoin, which was created as a joke, is now a billion dollars larger than Coinbase. The era of nihilist YOLO capitalism is still unwinding, plenty more to go. Disney vs Amazon?
Disney and Amazon are both $85 per share today. They have each round-tripped the entire pandemic stimulus era and are now cut in half from the highs of 2020. Which one has the most potential upside fr 2022: Don't be sad because it happened, smile because it's over. (writing a pop song in the 80's) Okay, put the fourth saxophone solo here... Mood: How likely is it to experience two years in a row of stock market losses?
Highly unlikely - but possible. 91% of the time, stocks have an up year after a year like this. My colleague Ben explains: Since 1928, the S&P 500 is up roughly 55% of the time following a year that p We need to talk about Tesla
We need to talk about Tesla. The stock is in a 55% drawdown since the spring vs minus 12% for the S&P 500. Tesla has lost $654.9 billion in market cap since April 4th, the day Elon Musk revealed his s 🚨 Inflation report hits 🚨
November CPI: up 7.1% year-over-year, up .1% month over month. The expectations were up 7.3% and up .3% respectively Used cars and trucks, airline tickets, medical expenses are trending lower. Shelter Sam’s Bahamas Crypto Jail, visualized
Generated these with the term: “Bahamas cryptocurrency prison, digital art” but I feel like this is way cooler than the reality. You can picture Keira Knightly, flintlock drawn, busting Captain Jack S Big week ahead
This is one of the most momentous weeks of the year for investors and traders - on Tuesday we get a look at November CPI, which should tell us whether or not the recent cooling off in inflation has tr Map of Florida, I don’t know who made it. Retail traders lose $350 billion
The average retail trader’s brokerage account is down 30% this year. The S&P 500 is down 17%. Active retail #traders are more likely to over-trade, own trendy and controversial #stocks, overreact to v
