Barry Ritholtz
Barry Ritholtz
Barry Ritholtz is an American author, newspaper columnist, blogger, equities analyst, CIO of Ritholtz Wealth Management, and guest commentator on Bloomberg Television. He is also a former contributor to CNBC and TheStreet.com...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
discussion given immediate swings whenever whether
Whenever you hear a discussion about the short-term swings in any given stock's price, your immediate thought should be whether it matters to why you are investing.
artificial conflicts create data economic gin minor nearly producers ratings tv urgency willing
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.
driver economic equity fairly imply markets noise perform stock time wildly
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.
captured fund guys managers perhaps plus
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.
eventually key outcomes rational revert understanding
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.
bottom line modest role unless warren
The bottom line is this: Cash, in modest increments, has a role in any portfolio. But unless you are Warren Buffett, you should limit it to 2 or 3 percent.
analysis bloggers economics elite family financial ivy league nor note number rather risen schools sector sheer strength ties work
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.
blow dice function random whether
You can blow on the dice all you want, but whether they come up 'seven' is still a function of random luck.
approach destined requires
If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.
chicago dropped exhausted guys low maybe options reason watching
Maybe the reason the VIX has dropped so low is that the options guys in Chicago are so exhausted from watching the Cubs,
detail home mortgage prices rates recently silly ticked
Need I detail how silly this is? Home prices are up dramatically, and recently we see that mortgage rates have ticked up significantly.
continue dry home interest next rates rise universe year
We very much benefited this year from the still-low interest rates, with the Home Depot's and Lowe's of the world doing well, ... The whole universe of homebuilders and mortgagers did really well, too, but as interest rates continue to rise next year, that's going to dry up some.
followed good stock strongly suggest
The data strongly suggest that very good years in the U.S. stock market are followed by more good years.
years important next-year
It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.