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
Good investors must learn to contextualize the daily background noise. Barry Ritholtz backgroundcontextualizedaily Change image and share on social
We must recognize our own behavioral errors. To be blunt, you are not likely to become a cognitive Zen master anytime soon. But a little enlightenment could keep you from making some common investing errors. Barry Ritholtz anytimebehavioralblunt share on social
Markets are frequently ahead of, and often out of sync with, the economy. Barry Ritholtz aheadeconomyfrequently Change image and share on social
It is in your DNA to love a good story. You know, neat tales with heroes and villains and conflicts to resolve. A good story pushes our buttons, is exciting and memorable. Barry Ritholtz buttonconflictdna Change image and share on social
Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public's imagination. Barry Ritholtz billionairecapturefund Change image and share on social
You can blow on the dice all you want, but whether they come up 'seven' is still a function of random luck. Barry Ritholtz blowdicefunction Change image and share on social
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. Barry Ritholtz avoidengageerror share on social
Whenever I see a forecast written out to two decimal places, I cannot help but wonder if there is a misunderstanding of the limitations of the data, and an illusion of precision. Barry Ritholtz datumdecimalforecast Change image and share on social
Indeed, eventually, random outcomes all revert to the mean, meaning that streaks eventually end. Understanding this is a key part of intelligent and rational investing. Barry Ritholtz endeventuallyintelligent Change image and share on social