Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions. Barry Ritholtz apparentbottomcapital share on social
Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about to kick in. Barry Ritholtz discoverforcefund Change image and share on social
Any time you speak to people about their posture, you learn about their most recent investment activity. When someone just bought stocks, they tend to be bullish; someone who just sold is bearish. Barry Ritholtz activitybearishbullish Change image and share on social
Asset managers have different approaches, and I don't wish to suggest there is only one way to run money. There are many ways one can attempt to reduce risk, improve performance, lower drawdowns and reduce volatility. Barry Ritholtz approachassetattempt share on social
If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability. Barry Ritholtz accountabilitydumbhold Change image and share on social
Gains in corporate profits depend in large part on accelerating global economic growth. Barry Ritholtz acceleratecorporatedepend Change image and share on social
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. Barry Ritholtz basicchaseemployer share on social
The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers. Barry Ritholtz abilitydifficultfund Change image and share on social
Yearly data put the rest of the noise into perspective. Most of the weekly or monthly random up-and-down movements get smoothed out. Ultimately, this is where long-term investors should be focused. Barry Ritholtz datumfocusinvestor Change image and share on social
Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment. Barry Ritholtz activebehaviorchase Change image and share on social
