Episodes

March 26, 2021

The Art of Calling a Market Top

"This is important to all top-callers. If you manage capital for clients, your top call will raise all sorts of issues with them. You certainly can’t be long the markets after your top call. Remember what the great Barton Biggs, Morgan Stanley’s former strategist, said: “Bullish and wrong and clients are angry; bearish and wrong and they fire you.” - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more ...
March 25, 2021

Non-Compete

"I’m in a moment right now. Putting pieces in place. Declining comment. Biding my time. Building my own lane. You can have all the rest. How can we be competitors when I don’t want what you want?" - Josh Brown For more visit: The Reformed Broker For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 25, 2021

Tech Bubble or Rotation?

"The key observation here is that behavior among different sectors changes at tops, bottoms and middles. That is true for markets, and it is true for economic cycles as well. For those who see bubbles, I suggest considering the possibility of a rotation." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 25, 2021

Get Rich versus Stay Rich

"I don’t help people get rich, I help them stay rich. My job as a wealth manager is to help clients hold on to their wealth and to preserve and grow it to keep pace with inflation. My number one priority is to ensure that money is there to meet their goals, when they are ready to spend it." - Blair duQuesnay For more visit: The Belle Curve For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 22, 2021

What's Changed For Now and What's Changed Forever

"It will take time for the realization to set in that 2020 truly marked the end of a way of life we’ve known our whole lives. This doesn’t mean the new way of life will be worse. It may even be better (clean and hygienic!). Either way, it will not be the same." - Josh Brown For more visit: The Reformed Broker For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 19, 2021

Not the Same Internet as the Dotcom Bubble

"This era is fraught with misinformation, driven by social networks that iterate algorithms to expertly manipulate dopamine-driven human behavior. It presents a clear and present danger for investors." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 18, 2021

Ray Dalio and the Power of Setting Defaults for Optimism

"I do consider myself a glass-half-full kind of guy. I think I was just born this way. I have plenty of worries just like the next person, but I have a huge amount of faith in the power of the human spirit to figure things out." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 18, 2021

Is Measuring Wealth Using A Scorecard A Good Idea?

"Because something is easy to measure doesn’t mean it’s important. In our haste to make life less complicated and predictable, we focus on measurable things. Just because we can." - Tony Isola For more visit: A Teachable Moment For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 16, 2021

Macro Thinking

"You have to keep your head down when investors get manic over shiny objects. From Bitcoin, to GameStop, to NFTs, I would be slaughtered trying to speculate in these areas. Slow and steady, asset allocation with rebalancing, is the only way I know to grow and preserve wealth with any consistency." - Blair duQuesnay For more visit: The Belle Curve For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 16, 2021

How Lucky Was Your Birth Year?

"Some people can create alpha in real estate, equities, etc. but I think much of the strong returns we have been seeing lately is in no small part due to dumb luck." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 16, 2021

The Twenty Craziest Investing Facts Ever

"If you had invested from 1960-1980 and beaten the market by 5% each year, you would have made less money than if you had invested from 1980-2000 and underperformed the market by 5% a year " - Michael Batnick For more visit: The Irrelevant Investor For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 12, 2021

Owning Individual Stocks vs. Owning the Stock Market

"Yes, buying individual stocks offers the potential for greater gains but it also opens you up to all sorts of psychological pitfalls that don’t necessarily apply when owning the entire stock market." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 10, 2021

They Will Flood The Market With Collectibles

"They will flood the market with collectibles. The earth itself will crack with the weight of what they place upon the table. They will not restrain themselves. I am as sure of this as I am about the color of my own eyes Because if a little of a good thing is good then a lot of a good thing is great and too much of a good thing is only a problem for the buyers, not the sellers." - Josh Brown For more visit: The Reformed Broker For disclosure information please visit: https://ritholtzwealth.com...
March 9, 2021

The Most Important Chart of the Decade

"We just witnessed the only recession in the history of this planet where the personal savings rate hit a 50-year high." - Michael Batnick For more visit: The Irrelevant Investor For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 5, 2021

Peter Lynch is the GOAT

"Lynch makes a strong case for tapping out when you are at the top of your game, and not milking every last cent by overstaying your welcome. Not many people in life get to do this..." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 4, 2021

A Bleak Future For Long-Term Government Bonds

"But it is safe to say investors are going to experience much more volatility in long-term bonds in the years ahead and you’re not exactly being compensated for that increased volatility at current interest rate levels." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 3, 2021

Dragging Out a College Degree is a Drag on Finances

"Parents might focus on tuition and room and board prices and ignore another culprit that makes school more expensive: staying in college for longer than four years." - Dina Isola For more visit: RealSmartica For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
March 2, 2021

How To Make A Million Dollars Day Trading

"Your best day trading strategy is – Don’t do it!" - Tony Isola For more visit: A Teachable Moment For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb. 27, 2021

What Is Top Shot?

"I’m pretty sure this is a bubble. I’m also pretty sure this is still early days. What’s happening now feels very strange. It’s hard to know what’s real and what’s just like an inside joke." - Michael Batnick For more visit: The Irrelevant Investor For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb. 25, 2021

Don’t Let Illusions Of Control Ruin Your Financial Goals

"The markets couldn’t care less about your financial goals. Fate is a financial mercenary." - Tony Isola For more visit: A Teachable Moment For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb. 24, 2021

Beware Economists Warning Against “Too Much Stimulus” (Again)

"If you want to blame a specific school of thought for why the post-financial crisis recovery was so weak, start with the group who opposed a trillion dollar fiscal response to the GFC." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb. 23, 2021

America’s CEOs Are Having a Good Year

"As a group, CEOs have a large impact on everything from technology to public policy. I tend more toward critic than cheerleader of the C-suite, but even I couldn’t help but notice the immense differences effective leadership made between the public and private sectors." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb. 20, 2021

Why Is College So Expensive?

"So where does all of that tuition money go? Roughly 70% of the cost of college goes to administrators and teachers. So the biggest cost of college is labor and I don’t see colleges deciding to scrimp on these costs anytime soon." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb. 17, 2021

How Do You Know If You’re Saving Enough For Retirement?

"Having 12x income put away lets you withdraw 4-5% of your portfolio annually and adjust it to inflation. This is what most experts recommend retirees take out annually. This keeps retirees from running out of money too early in retirement." - Tony Isola For more visit: A Teachable Moment For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices