Aaron Brown

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Gary Gensler's 2-and-20 Push Won't Help Hedge Fund Investors

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The SEC chair's suggestions would foster strategies designed to attract clients rather than improving performance.

Is Crypto Really Worth $3 Trillion? I Ran The Numbers.

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The potential of digital currencies is far greater than any one company today, but the risk is far higher.

Pension Funds' Silver Lining Has A Touch of Gray

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Plans are flush again after a big rally in stocks, making it likely that long overdue reforms will be put off yet again.

What Gary Gensler Really Meant With His Order Flow Remarks

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The SEC chair is taking aim at market makers like Citadel and Virtu, not Robinhood and other brokers.

Many ESG Funds Are Just Expensive S&P 500 Indexers

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When it comes to ETFs, it's hard to save the world by being cheap and average.

Should Wall Street Brace For A Tobin Tax?

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A new paper from Nobel laureate George Akerlof--the husband of Treasury Secretary Janet Yellen--provides a powerful clue.

401(k) Plans No Longer Make Much Sense For Savers

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The inherent extra return participants enjoyed for many years has almost disappeared.

Stock Investors Are Younger And More Racially Diverse

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More than half the racial gap in individual stock ownership has disappeared essentially overnight.

U.S. Election Models Have The Same Flaws As In 2016

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Trump’s odds of winning are higher than the 7% chance implied by some polls.

Good News On Coronavirus? Three Scenarios

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A model published by the WHO in 2017 that estimates the economic fallout from pandemics should give investors comfort.

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