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New Column up at Real Money (01/11/05)

Posted By Barry Ritholtz On January 11, 2005 @ 2:21 pm In Media | Comments Disabled

RealMoney


My latest Street.com column, "The Importance of Flexible Convictions" [1] is up at RM. Its loosely based on Prove Me Wrong [2] from earlier this week.

Here’s an excerpt:

‘One of the keys to successful investing is maintaining a high degree of intellectual flexibility. Good traders can turn on a dime, because they never "marry" any single position. The surest way to lose money is to get overly enamored of any one idea or philosophy.

As a person who studies markets, it’s my goal to remain ideologically agnostic. That doesn’t mean I’m neutral or lacking in viewpoints (longtime readers know that I can be all too opinionated). Rather, it’s a recognition that if and when the evidence warrants doing so, I am prepared to toss aside any of my beliefs at a moment’s notice . . ."

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UPDATE: January 13, 2005 3:05pm

The article was released in full on MSN Money [3] –no sub required

http://moneycentral.msn.com/content/P104981.asp [3]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2005/01/new-column-up-at-real-money-011105/

URLs in this post:

[1] The Importance of Flexible Convictions": http://www.thestreet.com/p/rmoney/barryritholtz/10202814.html

[2] Prove Me Wrong: http://bigpicture.typepad.com/comments/2005/01/prove_me_wrong_1.html

[3] in full on MSN Money: http://moneycentral.msn.com/content/P104981.asp

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