That is the top – The Reformed Dealer


Women and gents, that is the ultimate put up I shall be publishing at The Reformed Dealer.

After immediately the positioning shall be inactive, eternally. I started this weblog in November 2008 with none thought the place it might take me. I had a unfavourable web price, was working at a dead-end brokerage agency job and completely no profession prospects in any way – a washed up inventory dealer at 31 years previous in the course of a world monetary disaster.

So I started to jot down. Truthfully, humorously, fearlessly. And also you started to learn. First a number of dozen guests. Then a number of hundred. Then hundreds. 1,000,000. Thousands and thousands of readers have hit these pages during the last fifteen years. In case you’re a type of readers who got here alongside, tapped in, subscribed and stayed with me, I owe you every little thing I’ve. My profession, my agency, my livelihood, my way of life.

You watched me develop up on this web site. I received issues proper and received issues flawed and did my finest to relay the teachings realized from each experiences. I left the brokerage enterprise and dropped my Collection 7 proper earlier than your eyes, making a profession swap that was the last word leap of religion – nothing to fall again on if it didn’t work. I met my associate Barry on account of doing the positioning. I received a tv contract on account of doing the positioning. I constructed a $4 billion registered funding advisory agency with over 60 staff and 4,000 shopper households on account of doing the positioning. You, my followers, made all of that potential. With out you, none of it might have been.

You might have seen that within the final couple of years I’ve been writing rather a lot much less right here. The primary motive for that’s all my skilled goals are coming true. I used to dream of working at a agency just like the one I’m now managing as CEO. Which is a tremendous feeling. I neglect how fortunate I’m. However getting us so far has taken up an increasing number of of my time with every passing 12 months. And so the writing needed to take a backseat.

Final December we employed a agency president who may slowly start to take day-to-day administration and management tasks off of my plate. And now, for the primary time in a very long time, I’m able to get again to writing. However coming again to writing right here simply didn’t really feel proper.

The Reformed Dealer isn’t just a weblog. For me, it has additionally been a whole persona. Not fairly a pen identify or a pseudonym – I’ve by no means revealed a single phrase secretly or surreptitiously in my total life. The Reformed Dealer was who I used to be. Pugnacious, sarcastic, cynical, incensed, offended, vengeful – however, and this can be a large however, nonetheless optimistic regardless of all of the failings of Wall Road. That was who I used to be for many of the final fifteen years and the writing I did right here mirrored that.

I’m not that man anymore.

I’ve developed. I feel for the higher. I’ve gotten smarter. I’ve reached new skilled heights and unlocked new ranges. I’ve modified my thoughts about sure issues. I now have the information and expertise of somebody who has truly completed a number of issues. Fifteen years in the past I had the righteous indignation of somebody who had survived a number of issues, however little else.

Issues are completely different now. I need to inform you all about it. And I’ll. However first, we have now to place this explicit weblog to mattress.

And so to all of you who’ve come right here over time to be taught, to snicker, to be impressed, to turn into higher knowledgeable, to be entertained and enlightened, I need to inform you how a lot I respect you. In case you’ve ever learn my stuff, shared it with a pal or a coworker, despatched me an electronic mail or a letter (there have been hundreds of emails and letters!), retweeted me, linked to me, and so on, this final put up is devoted to you.

It has been the respect of a lifetime writing for this viewers – an viewers that has lifted me up, supported me, cheered me on and caught with me by means of all of the ups and downs. I really like you guys. You’re the highest.

From the underside of my coronary heart, thanks.

– Downtown Josh Brown
New York Metropolis, November twenty ninth 2023

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Observe Josh’s subsequent journey right here.

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