Barry Ritholtz
Barry Ritholtz
Barry Ritholtz is an American author, newspaper columnist, blogger, equities analyst, CIO of Ritholtz Wealth Management, and guest commentator on Bloomberg Television. He is also a former contributor to CNBC and TheStreet.com...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
course digest economic encourage fed gradual maybe meeting news next rate signs skip slow stay
There is a lot of economic news to digest between now and the next meeting. If we see economic signs that are positive, then that would encourage the Fed to stay on the course of gradual rate hikes, but if things slow down then maybe they would skip a meeting or two.
years important next-year
It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.
long political quality
'Excessive regulation in the banking reform bill will destroy a substantial part of our bond-distributing machinery. Can anyone expect that a step of this kind will improve the quality of our long-term investments?'
work-out mergers majority
The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don't work out and don't increase shareholder value.
technology example company
History is replete with examples of tech firms that were marginalized by new companies and technologies.
blow luck want
You can blow on the dice all you want, but whether they come up seven is still a function of random luck.
mistake errors luck
Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to own them. This allows me to learn from them and, with any luck, avoid making the same errors again.
accountability dumb trash
If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.
simple marketing never-forget
Never forget this simple truism: Forecasting is marketing, plain and simple.
beautiful years swans
This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.
accountability financial nonsense
One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
intelligent use littles
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.
retirement risk decent
Returnless risk is not how you prepare for a decent retirement.
zero average class
Unlike cheap stocks, inexpensive asset classes have a lower chance of big drawdowns (broad asset classes don't go to zero) and a higher probability of average or better returns.