Guess that sale of Roubini's RGE consultancy [8]didn't go quite as planned. Recall from three years ago [8]:
It seems that everyone's favorite Dr.Doom is selling his consultancy after only several years of operation, David Faber reports. The consultancy, according to confidential sales materials, will generate $11MM in revenue and $2MM of losses. The bulk of clients of the 85 person shop, Faber reports, is corporations, not actual investors, making the buyside wonder "who incremental clients will be." We wonder just how any potential buyer will be able to lock up Roubini for several years, without whose presence RGE will have questionable going concern value. We wish @Nouriel the best of luck in his sales process, whose successful conclusion (or otherwise) probably means that Roubini will end up as a blogger and paid panelist.
We should have added "newsletter writer" because moments ago Dr Doom unveiled... Nouriel Unplugged.
From Roubini:
Dear friends,
Throughout my 25-year career as a macroeconomist, my work has been to interpret conflicting economic and market signals. In short, to make sense of the data inside of the noise - either in an academic setting or for governments and institutional investors.
Today it's my great pleasure to introduce you to a new direction in my research - dedicated specifically to individual investors - and the launch of my most personal project yet.
In the nearly seven years since the beginning of the Great Recession, one of the questions I'm most frequently asked is about the role that macroeconomics plays in the lives of individual investors - and more specifically, which economic information relates directly to their lives.
This is a critically important question and one that my work - which has been applied to academic and institutional macroeconomic research - has not, until now, explored.
During the last year, I have given a great deal of thought to how best to answer this question. How to develop new ways of making the ideas that I'm most passionate about available to individual investors and readers such as you, who are interested in the global economy.
My goal has been to create a new format that's less technical, more conversational, and engages the curiosity of a wider audience, all with the aim of providing the news and information I think is most important to your financial future.
With that goal in mind, I've decided to create a letter dedicated to individual investors, called Nouriel Unplugged. Because of the current and ongoing uncertainties in the global economy, understanding macroeconomic trends is of paramount importance to the individual - and that's the reason why I am making this letter available free of charge.
As I travel, sometimes the most important lessons I learn occur in the moments between policy and business meetings. Nouriel Unplugged ties together those stories - economics, culture, politics, government, art, and society - to tell a story that can't be conveyed with the traditional use of economic data alone.
In short, in Nouriel Unplugged, my goal is to not only tell the stories behind the data but to explain how they relate to you.
Recently, I sat down with journalist Salimah Ebrahim for a five-part series of video interviews that are well worth watching. Topics run the gamut from the lack of financial literacy in the Western world, to what is in store for emerging markets, to the regrettable level of dysfunction in Washington, DC, and more.
As soon as these videos are posted on the Roubini's Edge site, you will receive an email with a video link in your inbox, for your viewing pleasure.
It's very exciting for me to begin a new phase of my career - talking to individual investors about the challenges and opportunities that a macroeconomic perspective on the markets can provide.
As one of my readers, you don't have to take any action to begin receiving Nouriel Unplugged - each issue will be delivered to your email inbox biweekly, free of charge. Of course, if you would prefer not to receive Nouriel Unplugged, please feel free to opt out by clicking here.
I'm delighted to have you follow along with me in my future travels via Nouriel Unplugged, where I will share my impressions of the places I visit and the broader ideas that shape our world and drive our financial markets.
I look forward to continuing our conversation in the near future.
Cordially,
Nouriel Roubini
Chairman
Roubini's Edge
If Roubini's newsletter is even remotely as valuable as Gartman's, we can already predict (with the appropriate hockeystick chart of course) the first billionaire economist in the world.

