Jesse Felder

Scott Felder Says The Trend Is Now Your Frenemy

I titled my latest weekly newsletter (subscribe here for free), “The Trend Is Still Your Friend But Beware The Fat Tail.” After today’s action, however, you could make the case that the trend might be more of a frenemy at this point. Stocks sold off across the board and all of the major indexes have […]

Desperately Seeking A Margin Of Safety

Back in 2000, I had one of my best years as an investor. You may remember that year marked the peak of the greatest stock market bubble in history. Anyhow, while everyone and their mom was buying internet stocks I was loading up on the exact opposite. One of the unique things about that time […]

On The “Sioux And The Buffalo”

My recent piece, “The New Wolves Of Wall Street,” struck a nerve. I think it taps into both advisers’ insecurities and investors’ worries about not getting what they pay for. Good. That’s what I was going for. Before I follow up on that piece, though, let me make a couple of things clear. First, there […]

The New Wolves Of Wall Street

Wall Street is in the midst of some pretty massive change right now. And I’m talking about Wall Street as it relates to Main Street. I’m talking about how individual investors are being courted (hunted) and cared for (killed) by the new wolves of Wall Street. Brokers have now become an endangered species as the […]

Jesse Felder Says The Only Guy On The FOMC With Any Experience Actually Managing Risk Is Sounding The Alarm

Below is a compilation I put together using excerpts from Richard Fisher’s speeches this year (emphasis mine): There is no greater gift to a financial market operator—or anyone, for that matter—than free and abundant money. It reduces the cost of taking risk. But it also burns a hole in the proverbial pocket. It enhances the […]