A number of bloggers in economics and the financial sector have risen to prominence through the sheer strength of their work. Note it was not their family connections nor ties to Ivy League schools or elite banks, but rather the strength of their research, analysis and writing. Barry Ritholtz analysisbankblogger share on social
Here is a dirty little secret: Stock-picking is wildly overrated. Sure, it makes for great cocktail party chatter, and what is more fun than delving into a company's new products? But the truth is that individual stocks are riskier than broad indices. Barry Ritholtz broadchattercocktail 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
Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance. Barry Ritholtz alphachargeend 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
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
The simple reality of life is that everyone is wrong on a regular basis. By confronting these inevitable errors, you allow yourself to make corrections before it is too late. Barry Ritholtz basisconfrontcorrection Change image and share on social
Even when you are right, there are costs and taxes associated with being tactical. When you are wrong, there are opportunity costs. Barry Ritholtz costopportunitytactical Change image and share on social
When markets are rallying, cash in the portfolio is a drag on performance, returning about zero. Barry Ritholtz cashdragmarket Change image and share on social
With Twitter, you can build your own virtual trading floor and research department, populated by the smartest people on earth. Almost any subject or sector has you can think of, you can find a few people with an expertise in that area. Barry Ritholtz areabuilddepartment share on social