Barry Ritholtz

You, your employer and your plan's investment managers fail to follow even the most basic rules of investing. You overtrade, chase performance, do not think long term. All of you - All Of You - have done a horrible job managing your retirement plans.

Self-indulgence is something to watch, but anything that helps you understand situations that are difficult to understand is good. If you're having some sort of emotional trauma, you need to find a person to talk to about it who says, 'This is quite normal; it's fine.'