Girls and gents, that is the ultimate publish I shall be publishing at The Reformed Dealer.

After at the moment the positioning shall be inactive, eternally. I started this weblog in November 2008 with none thought the place it could take me. I had a destructive web value, was working at a dead-end brokerage agency job and completely no profession prospects in anyway – a washed up inventory dealer at 31 years outdated in the midst of a world monetary disaster.

So I started to put in writing. Truthfully, humorously, fearlessly. And also you started to learn. First just a few dozen guests. Then just a few hundred. Then hundreds. 1,000,000. Hundreds of 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 things I’ve. My profession, my agency, my livelihood, my life-style.

You watched me develop up on this website. I received issues proper and received issues fallacious and did my finest to relay the teachings realized from each experiences. I left the brokerage enterprise and dropped my Collection 7 proper earlier than your eyes, making a profession change that was the last word leap of religion – nothing to fall again on if it didn’t work. I met my companion Barry on account of doing the positioning. I received a tv contract on account of doing the positioning. I constructed a $4 billion registered funding advisory agency with over 60 workers and 4,000 consumer households on account of doing the positioning. You, my followers, made all of that potential. With out you, none of it could have been.

You will have seen that within the final couple of years I’ve been writing quite a bit much less right here. The primary cause for that’s all my skilled desires 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 increasingly of my time with every passing yr. 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 obligations 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 isn’t just a weblog. For me, it has additionally been a complete 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 massive however, nonetheless optimistic regardless of all of the failings of Wall Avenue. 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 really 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 totally 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 over time to be taught, to chuckle, to be impressed, to turn into 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 good friend or a coworker, despatched me an e-mail or a letter (there have been hundreds of emails and letters!), retweeted me, linked to me, and so forth, this final publish is devoted to you.

It has been the distinction of a lifetime writing for this viewers – an viewers that has lifted me up, supported me, cheered me on and caught with me by way of all of the ups and downs. I really like you guys. You’re the absolute best.

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.