As investors, we want to believe we are smart, insightful and uniquely talented - even though we often fail to do the heavy lifting, put in the long hours, and make the uncomfortable but necessary decisions to achieve success. Barry Ritholtz achievedecisionfail 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
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
A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years. Barry Ritholtz clientdemanddiffer 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
Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term to describe portfolios that have been assembled for purposes other than serving the clients' best interests. Barry Ritholtz abuseadoptassemble share on social
Outcome is simply the final score: Who won the game; what numbers came up in a roll of the dice; how high did a stock go. Outcome is the result, regardless of the method used to achieve it. It is not controllable. Barry Ritholtz achievecontrollabledice 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
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
