Pundit Review Radio

The Reformed Broker, Joshua Brown, discusses Backstage Wall St

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Sinopsis

This was one of those weeks where I was chomping at the bit to get to WRKO. Joshua Brown is one of the premier financial bloggers, and for almost eight years (next month) my goal has been to bring the best of the blogs to the radio. We did that tonight. Josh’s blog The Reformed Broker is so good it has led to a column in Fortune Magazine, regular appearances on CNBC, and now, to his new book Backstage Wall Street: An Insider’s Guide to Knowing Who to Trust, Who to Run From, and How to Maximize Your Investments. Sure, the book is about Josh’s career as a broker, during the decade which saw both 9-11 and the global financial meltdown. He provides great insight into the business, the pressure cooker and the conflicts (which is a polite way of saying working for the firm first instead of clients). After a certain point, Josh couldn’t bring himself to get out of bed, to push another investment product. He decided that the broker business was broken and he was done with it. Since that moment, his life has enjoyed