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
Most of the time, economic data is fairly benign. I don't wish to imply it is meaningless, but it is not a driver of stock markets. Indeed, the correlation between economic noise and how equity markets perform has been wildly overemphasized. Barry Ritholtz benigncorrelationdatum share on social
The data strongly suggest that very good years in the U.S. stock market are followed by more good years. Barry Ritholtz datumgoodmarket Change image and share on social
Once you research an idea, you begin to develop a perspective. Writing about anything in public, often in real time, has helped fashion my views. Barry Ritholtz begindevelopfashion Change image and share on social
TV producers want ratings and are willing to do nearly anything to get them. They gin up artificial conflicts and create an urgency for even the most minor of economic data points. Barry Ritholtz artificialconflictcreate 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
The consumption and production of energy is a major component of the global economy. Barry Ritholtz componentconsumptioneconomy Change image and share on social
Hedge funds are not especially liquid. Many are 'gated' - meaning there are only small windows when you can withdraw your money. They typically have a high minimum investment and often require investors keep their money in the fund for at least one year. Barry Ritholtz fundgatehedge share on social
I credit Google for having the foresight to identify threats to its main business of selling advertising against search results. The potential loss of market share in the mobile space led them to the Android acquisition. Barry Ritholtz acquisitionadvertiseandroid 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
