Episodes

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 Mome...
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, ...
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 disclo...
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: ...
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 v...
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 Beca...
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...
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...
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." - Be...
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 i...
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 ...
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:...
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/...
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 B...
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...
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 s...
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...
Feb. 15, 2021

The Catch-22 of Selling Your House Right Now

"Unfortunately, the price you sell your home for is only one side of the equation. You have to live somewhere so selling your house for a higher price simply means you would turn around and have to buy another house that’s al...
Feb. 12, 2021

How David Beats Goliath in Real Life

"David minds his own business and focuses on his work and enjoying his free time, investing based on his own goals and risk tolerance. He doesn’t throw away his time on provocative, negative information about politics, conspi...
Feb. 11, 2021

Friends Don’t Leave Friends Holding the Bag

" Everybody, seriously everybody, on these platforms is talking their book . They are saying things, consciously or unconsciously, that will benefit them. Their needs may be emotional, financial or some combination thereof. I...
Feb. 9, 2021

Oblivious

"We keep learning that much of the process by which we exercise judgment and make decisions is, shall we say, sub-optimal for the modern world." - Barry Ritholtz For more visit: The Big Picture For disclosure information plea...
Feb. 8, 2021

How The Stock Market Works

"Many people compare the stock market to a casino but in a casino, the odds are stacked against you. The longer you play in a casino, the greater the odds you’ll walk away a loser because the house wins based on pure probabil...
Feb. 5, 2021

Managing Your Investments Late in the Cycle

"This rinse, lather, repeat cycle of market history is filled with epic stock narratives . A couple of the more recognizable ones in recent history include the dot-com boom of the late 1990s, real estate in the 2000s and the ...
Feb. 4, 2021

It Feels Like the Game is Rigged

"Right now, people are getting rich quick. But this will not last forever. And the worst thing about trying to get rich quick, aside from the fact that it usually backfires, is that when it doesn’t work, you’ll say that the g...