Los Angeles Times

Q&A: If you're under 40 you should be hoping for another stock plunge, says pundit Josh Brown

Josh Brown is not your average Wall Street pundit.

Brown is chief executive of Ritholtz Wealth Management, a financial advisory firm in New York, and his blog, the Reformed Broker, is popular reading for those interested in the financial markets. The blog and his Twitter account are often witty, sarcastic, irreverent and peppered with pop culture.

In recently discussing the correlation between stock and bond prices, for instance, Brown wrote that "correlations are like Kristen Stewart - moody and unfaithful," invoking the "Twilight" actress and her tabloid-fodder love life.

Brown, 40, also has a large social-media presence - his @ReformedBroker has more than 1 million followers on Twitter - and he's on CNBC's "Halftime Report."

He's a big proponent of setting up a diversified, long-term portfolio for investors that helps them avoid being rattled by the markets' daily sudden moves. The Times asked Brown about the stock market's wild ride lately. Here's an excerpt:

Q: What's your overall reaction

You're reading a preview, sign up to read more.

More from Los Angeles Times

Los Angeles Times4 min read
Shane Lowry Leads British Open By Four Shots After Shooting 63
PORTRUSH, Northern Ireland - Under slate-gray skies, with a passionate crowd cheering his every swing, Irishman Shane Lowry found something Saturday that no one else could: Daylight. Glorious daylight. Lowry distanced himself from the field by shooti
Los Angeles Times2 min read
Rankings for hard-cover books sold in Southern California, as reported by selected book stores: ___ Fiction 1."Where the Crawdads Sing," by Delia Owens (G.P Putnam's Sons: $26) A young woman living on her own in the coastal marshes of North Carolina
Los Angeles Times3 min read
LA Police Ticketed Drivers On Streets With Expired Speed Limits, Lawsuit Says
LOS ANGELES - Police officers in Los Angeles wrongly ticketed motorists on streets with expired speed limits, violating a law that bans the use of speed traps in California cities, according to a lawsuit filed this week in Los Angeles County Superior