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How Not to Invest: Avoiding Common Mistakes and Dangerous Financial Advice with Barry Ritholtz (EP.210)
Manage episode 490704001 series 3280613
Get updates for my new book: https://Theperfectportfoliobook.com
In this engaging episode, Barry Ritholtz—author of the influential Big Picture blog, host of the renowned Masters in Business podcast, and author of the new book How Not to Invest—shares invaluable insights into making smarter investment decisions. Barry challenges common financial myths, explores why we’re drawn to faulty financial forecasts, and highlights red flags in popular financial advice.
Listen now and learn:
► The pitfalls of relying on financial predictions and forecasts.
► How sensational headlines distort investor perceptions
► The importance of humility and skepticism in interpreting advice from financial celebrities and billionaires
► Practical strategies for identifying and mitigating emotional behavioral biases in investing
Don’t miss Barry’s engaging anecdotes and actionable advice designed to help you avoid common investing pitfalls. Detailed show notes and resources are available at www.thelongterminvestor.com.
(02:50) Developing an Investment Philosophy
(04:40) Why We Gravitate Towards Financial Predictions
(10:15) Warning Signs of Harmful Financial Advice
(13:00) Interpreting Advice from Billionaires
(18:30) The Power of Saying “I Don’t Know”
(24:45) Inversion as an Investment Strategy
(28:50) Practical Ways to Control Emotional Investing
(35:40) Denominator Blindness in Investing
(41:30) When to Seek Professional Advice
Disclosure: This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.
The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Plancorp LLC employees providing such comments, and should not be regarded the views of Plancorp LLC. or its respective affiliates or as a description of advisory services provided by Plancorp LLC or performance returns of any Plancorp LLC client.
References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.
Please see disclosures here.
210 episodes
Manage episode 490704001 series 3280613
Get updates for my new book: https://Theperfectportfoliobook.com
In this engaging episode, Barry Ritholtz—author of the influential Big Picture blog, host of the renowned Masters in Business podcast, and author of the new book How Not to Invest—shares invaluable insights into making smarter investment decisions. Barry challenges common financial myths, explores why we’re drawn to faulty financial forecasts, and highlights red flags in popular financial advice.
Listen now and learn:
► The pitfalls of relying on financial predictions and forecasts.
► How sensational headlines distort investor perceptions
► The importance of humility and skepticism in interpreting advice from financial celebrities and billionaires
► Practical strategies for identifying and mitigating emotional behavioral biases in investing
Don’t miss Barry’s engaging anecdotes and actionable advice designed to help you avoid common investing pitfalls. Detailed show notes and resources are available at www.thelongterminvestor.com.
(02:50) Developing an Investment Philosophy
(04:40) Why We Gravitate Towards Financial Predictions
(10:15) Warning Signs of Harmful Financial Advice
(13:00) Interpreting Advice from Billionaires
(18:30) The Power of Saying “I Don’t Know”
(24:45) Inversion as an Investment Strategy
(28:50) Practical Ways to Control Emotional Investing
(35:40) Denominator Blindness in Investing
(41:30) When to Seek Professional Advice
Disclosure: This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.
The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Plancorp LLC employees providing such comments, and should not be regarded the views of Plancorp LLC. or its respective affiliates or as a description of advisory services provided by Plancorp LLC or performance returns of any Plancorp LLC client.
References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.
Please see disclosures here.
210 episodes
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