Remove Concentration Remove Forecasting Remove Math
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10 Biggest Ideas in “How NOT to Invest”

Barry Ritholtz

This is as true for professionals as it is for amateurs; it’s also true in music, film, sports, television, and economic and market forecasting. Economic Innumeracy : Some individuals experience math anxiety, but it only takes a bit of insight to navigate the many ways numbers can mislead us. Bad Numbers : 4. Be tax-aware.

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Transcript: Tom Hancock, GMO

Barry Ritholtz

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. Whereas the ETF is designed to be a more straightforward s and p 500 US only equity strategy 00:29:26 [Speaker Changed] And it’s concentrated 35 large cap stocks.

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Transcript: Kristen Bitterly Michell

Barry Ritholtz

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. And I — I — I don’t like to ask people for predictions and forecasts, but you’re looking at the flows and you get client questions all the time. I was econ and kind of geeky.

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Transcript: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

Barry Ritholtz

They’ve made forecasts, they’ve made predictions about what will and won’t happen, and none of it’s come true. And he’s this old British guy who was, you know, quite famous in England as a policy advisor and an economic forecaster. Wasn’t the Excel spreadsheet error, which changed their math.

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Transcript: Liz Hoffman

Barry Ritholtz

And most people think of Bill, his bread and butter business is activist, very concentrated stock investing, but he has a bit of a background in macro too, back from ’07, ’08, and he actually decides to do this in the credit markets, where spreads are incredibly tight. And that’s sort of the math. RITHOLTZ: Right.