There is a shortage of doctors, and the American Medical Association is aiming to keep it that way. Barry Ritholtz aimamericanassociation Change image and share on social
Little white lies are told by humans all the time. Indeed, lying is often how we get through each day in a happy little bubble. We spend time and energy rationalizing our own behaviors, beliefs and decision-making processes. Barry Ritholtz behaviorbeliefbubble share on social
If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail. Barry Ritholtz approachdestinefail Change image and share on social
Anyone can make an article longer; the skill is keeping it tight and lean. Barry Ritholtz articlekeeplean Change image and share on social
Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities. Barry Ritholtz ariseassetbroadly share on social
Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end. Barry Ritholtz accountantaddbig share on social
Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future. Barry Ritholtz correctlydependentfinancial Change image and share on social
Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error. Barry Ritholtz criticaldriveeconomics 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
In the investment business, you must expect to be wrong. Barry Ritholtz businessexpectinvestment Change image and share on social
