Girls and gents, that is the ultimate put up I will probably be publishing at The Reformed Dealer.
After at this time the location will probably be inactive, endlessly. I started this weblog in November 2008 with none thought the place it could take me. I had a detrimental web price, was working at a dead-end brokerage agency job and completely no profession prospects by any means – a washed up inventory dealer at 31 years previous in the midst of a world monetary disaster.
So I started to write down. Actually, humorously, fearlessly. And also you started to learn. First just a few dozen guests. Then just a few hundred. Then 1000’s. One million. Thousands and thousands of readers have hit these pages during the last fifteen years. When you’re a type of readers who got here alongside, tapped in, subscribed and stayed with me, I owe you all the pieces I’ve. My profession, my agency, my livelihood, my way of life.
You watched me develop up on this web site. I acquired issues proper and acquired issues flawed and did my greatest to relay the teachings realized from each experiences. I left the brokerage enterprise and dropped my Sequence 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 because of doing the location. I acquired a tv contract because of doing the location. I constructed a $4 billion registered funding advisory agency with over 60 staff and 4,000 shopper households because of doing the location. You, my followers, made all of that attainable. With out you, none of it could have been.
You will have seen that within the final couple of years I’ve been writing loads much less right here. The principle purpose 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 an incredible feeling. I overlook how fortunate I’m. However getting us up to now 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 might slowly start to take day-to-day administration and management duties 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 is not only a weblog. For me, it has additionally been a whole persona. Not fairly a pen title or a pseudonym – I’ve by no means revealed a single phrase secretly or surreptitiously in my complete life. The Reformed Dealer was who I used to be. Pugnacious, sarcastic, cynical, incensed, offended, vengeful – however, and it is a large however, nonetheless optimistic regardless of all of the failings of Wall Road. That was who I used to be for a lot of the final fifteen years and the writing I did right here mirrored that.
I’m not that man anymore.
I’ve developed. I believe 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 data and expertise of somebody who has truly achieved just a few issues. Fifteen years in the past I had the righteous indignation of somebody who had survived just a few issues, however little else.
Issues are completely different now. I need to inform you all about it. And I’ll. However first, now we have to place this explicit weblog to mattress.
And so to all of you who’ve come right here through the years to be taught, to snort, to be impressed, to grow to be higher knowledgeable, to be entertained and enlightened, I need to inform you how a lot I respect you. When you’ve ever learn my stuff, shared it with a buddy or a coworker, despatched me an e mail or a letter (there have been 1000’s of emails and letters!), retweeted me, linked to me, and many others, this final put up is devoted to you.
It has been the consideration of a lifetime writing for this viewers – an viewers that has lifted me up, supported me, cheered me on and caught with me via all of the ups and downs. I like you guys. You’re the best possible.
From the underside of my coronary heart, thanks.
– Downtown Josh Brown
New York Metropolis, November twenty ninth 2023
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Comply with Josh’s subsequent journey right here.