The death of Alpha

Why no one can beat the market anymore, and other must reads from wealth manager and CNBC commentator Josh Brown
SEP 20, 2013
Each week I read all of the important stories affecting your business and investments. Below is the weekly catch-up, curated just for you: The Death of Alpha: Why no one can beat the market anymore. (Institutional Investor) Federal Reserve shocks the market when it decides not to taper it's easing program - what spooked the committee? (The Economist) High ranking Apple executives on the release of iPhone 5S and why they don't care about the "junk" end of the smartphone game. (BusinessWeek) This week investors plowed $26 billion into global equity mutuals funds, the biggest weekly total since at least 2005! (Bloomberg) Google announces its next challenge - it will proceed to take on death itself with Project Calico. (TIME) Joshua Morgan Brown is a New York City-based wealth manager and popular financial commentator on CNBC. You can follow his writing at The Reformed Broker blog and his random outbursts on Twitter @reformedbroker.

Latest News

Carney's Liberals set for narrow Canadian election victory
Carney's Liberals set for narrow Canadian election victory

Former central banker pledges to stand up to Trump.

Morgan Stanley sees rare forward curve for oil
Morgan Stanley sees rare forward curve for oil

Tightness followed by 'meaningful surplus' shapes futures pricing.

Cetera’s latest round of job cuts to reduce 5% of staff
Cetera’s latest round of job cuts to reduce 5% of staff

Last week's layoffs totaled at least 130 Cetera employees, according to a senior industry executive.

Stocks rise ahead of packed week of earnings, data
Stocks rise ahead of packed week of earnings, data

Four of the Magnificent Seven will report this week.

Gold down more than 5% in less than a week
Gold down more than 5% in less than a week

Easing anxiety has seen the haven asset slide from record high.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.