{"id":31134,"date":"2025-01-16T13:50:18","date_gmt":"2025-01-16T13:50:18","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/this-is-the-end-the-reformed-broker\/"},"modified":"2025-01-16T13:50:18","modified_gmt":"2025-01-16T13:50:18","slug":"this-is-the-end-the-reformed-broker","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=31134","title":{"rendered":"This is the end – The Reformed Broker"},"content":{"rendered":"


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Ladies and gentlemen, this is the final post I will be publishing at The Reformed Broker.<\/p>\n

After today the site will be inactive, forever. I began this blog in November 2008 without any idea where it would take me. I had a negative net worth, was working at a dead-end brokerage firm job and absolutely no career prospects whatsoever \u2013 a washed up stock broker at 31 years old in the middle of a global financial crisis.<\/p>\n

So I began to write. Honestly, humorously, fearlessly. And you began to read. First a few dozen visitors. Then a few hundred. Then thousands. A million. Millions of readers have hit these pages over the last fifteen years. If you\u2019re one of those readers who came along, tapped in, subscribed and stayed with me, I owe you everything I have. My career, my firm, my livelihood, my lifestyle.<\/p>\n

You watched me grow up on this site. I got things right and got things wrong and did my best to relay the lessons learned from both experiences. I left the brokerage business and dropped my Series 7 right before your eyes, making a career switch that was the ultimate leap of faith \u2013 nothing to fall back on if it didn\u2019t work. I met my partner Barry as a result of doing the site. I got a television contract as a result of doing the site. I built a $4 billion registered investment advisory firm with over 60 employees and 4,000 client households as a result of doing the site. You, my fans, made all of that possible. Without you, none of it would have been.<\/p>\n

You may have noticed that in the last couple of years I have been writing a lot less here. The main reason for that is all my professional dreams are coming true. I used to dream of working at a firm like the one I am now managing as CEO. Which is an amazing feeling. I forget how lucky I am. But getting us to this point has taken up more and more of my time with each passing year. And so the writing had to take a backseat.<\/p>\n

Last December we hired a firm president who could slowly begin to take day-to-day management and leadership responsibilities off of my plate. And now, for the first time in a long time, I am ready to get back to writing. But coming back to writing here just didn\u2019t feel right.<\/p>\n

The Reformed Broker is not just a blog. For me, it has also been an entire persona. Not quite a pen name or a pseudonym \u2013 I have never published a single word secretly or surreptitiously in my entire life. The Reformed Broker was who I was. Pugnacious, sarcastic, cynical, incensed, offended, vengeful \u2013 but<\/em>, and this is a big but<\/em>, still optimistic despite all the failings of Wall Street. That was who I was for most of the last fifteen years and the writing I did here reflected that.<\/p>\n

I\u2019m not that guy anymore.<\/p>\n

I have evolved. I think for the better. I have gotten smarter. I have reached new professional heights and unlocked new levels. I have changed my mind about certain things. I now have the knowledge and experience of someone who has actually accomplished a few things. Fifteen years ago I had the righteous indignation of someone who had survived a few things, but little else.<\/p>\n

Things are different now. I want to tell you all about it. And I will. But first, we have to put this particular blog to bed.<\/p>\n

And so to all of you who have come here over the years to learn, to laugh, to be inspired, to become better informed, to be entertained and enlightened, I want to tell you how much I appreciate you. If you\u2019ve ever read my stuff, shared it with a friend or a coworker, sent me an email or a letter (there have been thousands of emails and letters!), retweeted me, linked to me, etc, this last post is dedicated to you.<\/p>\n

It has been the honor of a lifetime writing for this audience \u2013 an audience that has lifted me up, supported me, cheered me on and stuck with me through all the ups and downs. I love you guys. You are the very best.<\/p>\n

From the bottom of my heart, thank you.<\/p>\n

\u2013 Downtown Josh Brown
New York City, November 29th 2023<\/p>\n

\"\"<\/a><\/p>\n

***<\/p>\n

Follow Josh\u2019s next adventure here.<\/a><\/p>\n

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Ladies and gentlemen, this is the final post I will be publishing at The Reformed Broker. After today the site will be inactive, forever. I began this blog in November 2008 without any idea where it would take me. 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