Ritholtz: Stop Thinking About the Market as if It Were Human
The language we use to describe market moves changes both our expectations and our behavior.
A Pension Fund Comes to Its Senses
San Diego County's pension board has fired its outside pension-fund manager, Salient Partners, for its high leverage and costs and poor performance. There's a lesson here.
Searching for Volatility in All the Wrong Places
Why is volatility in stocks falling while it's rising in fixed income?
Your Local Investing Bias Could Cost You
What matters most to investors is at least having some awareness of the factors that may be biasing their behavior.
Even Skeptics Can Profit From Climate Change
You don’t have to be a believer in climate change to be willing to profit from it, Barry Ritholtz says.
Dear Dr. Bernanke: Pace Yourself!
Barry Ritholtz writes an open letter to the former Fed chairman, who has a new consulting deal with the hedge fund Citadel.
Average Returns, Rarer Than You Think
Plus, the average investor realizes returns of about 3.7%. Why? Because they chase alpha and fail rather than aim for beta and succeed.
The S&P 500’s Dubious Anniversary: Ritholtz
The S&P 500 index looked very different 27 years ago than it does today, Barry Ritholtz writes.
Explaining the Market’s Explainers
Often, they seem to be saying “I don’t like that!” but lack either the awareness or courage to acknowledge the subtext of what they’re saying.
Ritholtz: The Worldwide Deficit of High-Quality Debt
Observers like Jeffrey Gundlach and Gary Shilling expect rates on quality long-term bonds to stay low because of a limited supply, Barry Ritholtz writes.