Posts filed under “Apprenticed Investor”

Worst Investment Ideas of 2014 (so far)

 

 

My Sunday Washington Post Business Section column is out. This morning, we look at the worst investing ideas of the year.

The print version had the full headline Where dumb money goes; the online version is the worst investing ideas this year.

Here’s an excerpt from the column:

“Here is the first half of my top 10 list of dumb investments ideas for 2014 (check back at year’s end for the rest):

Athlete IPOs. This year, San Francisco 49ers star tight end Vernon Davis IPO’d. Fantex Brokerage Services agreed to buy a 10 percent cut of all Davis’s future earnings for $4 million.

There are so many reasons this is a not a good investment idea, but let’s limit our discussion to three: 1) You have limited ability to pick which companies are going to do well; what makes you think you have any ability to guess what any athlete’s future income stream is going to be? 2) Even a minor injury can end an athlete’s career. In the NFL, the average career is short — either 3.2 years or almost 6 years. 3) Even if the 29-year-old Davis stays healthy, for investors to make money, he needs a giant new $33 million contract (according to the Fantex risk factors), plus he must “attract and retain endorsements, then generate other brand income post career.” Again, the thought of most investors getting this calculation correct is laughable..”

 

Check out the other bad ideas in the full article.

 

Source:
Worst Investing Ideas This Year.
Barry Ritholtz
Washington Post, July 6 2014  
http://wapo.st/1jVNRUG

Category: Apprenticed Investor, Really, really bad calls

How to build your own financial dream team

Curate your personal investment resources Barry Ritholtz Washington Post, June, 15, 2014   One question I get all the time from investors is “How do you sift through all of the news, data and media?” thrown at investors each day. I use some time-saving methods to quickly plow through a huge volume of material. If…Read More

Category: Apprenticed Investor, Investing

Curate Your Personal Investment Resources

> My Sunday Washington Post Business Section column is out. This morning, we look at how to build a personal online research team. The print version had the full headline How to build your own financial dream team, while the online version when with Curate your personal investment resources. The goal here is to take advantage…Read More

Category: Apprenticed Investor

Congratulations, You Were Drafted. Prepare To Go Broke.

Professional athletes need to learn to keep their finances in good shape Barry Ritholtz, Washington Post, May 30, 2014     Michael Sam made sports history when the St. Louis Rams made him the first openly gay player to be drafted into the National Football League. If he is smart, he can join another elite…Read More

Category: Apprenticed Investor, Investing, Sports

Congratulations, you were drafted! Prepare to go broke.

>   My Sunday Washington Post Business Section column is out. This morning, we look at how often pro athletes manage to go financially bust. The print version had the headline Congratulations, you were drafted! Prepare to go broke!, while the online version is merely Professional athletes need to learn to keep their finances in good…Read More

Category: Apprenticed Investor, Foreclosures, Investing, Really, really bad calls

Smart Investing is Reality-Based

Robert P. Seawright is the Chief Investment & Information Officer for Madison Avenue Securities, a boutique broker-dealer and investment advisory firm headquartered in San Diego, California. Bob is also a columnist for Research magazine, a Contributing Editor at Portfolioist as well as a contributor to the Financial Times, The Big Picture, The Wall Street Journal’s…Read More

Category: Apprenticed Investor, Investing

My Unusual Career Path in Finance

I have been working in finance for two decades. Along with achieving whatever success and (internet) fame comes regular inquiries from the young’uns seeking advice on how to break into the field. On occasion, I have shared whatever small insights I might have with them. Along those lines, Tom Brakke of the blog The Research…Read More

Category: Apprenticed Investor, Markets, Philosophy

What ‘This Time It’s Different’ Really Means

Investors must recognize what ‘this time it’s different’ really means Barry Ritholtz, Washington Post May 18, 2014     “The four most expensive words in investing are: ‘This time it’s different.’” So said Sir John Templeton, the legendary investor and mutual fund pioneer. The phrase contains tremendous wisdom, but only if you truly understand what…Read More

Category: Apprenticed Investor, Investing, Psychology

When is ‘this time’ really different?

    My Sunday Washington Post Business Section column is out. This morning, we look at a famous aphorism from Sir John Templeton. The print version has the hedder When is ‘this time’ really different? while the online version used the fuller Investors must recognize what ‘this time it’s different’ really means. The column tries…Read More

Category: Apprenticed Investor, Psychology, Quantitative

Pay close attention to what’s motivating market commentary

Pay close attention to what’s motivating market commentary Barry Ritholtz Washington Post, May 4, 2014     Have you ever heard a talking head or commentator say something and immediately wonder, “Why did he say that?” I don’t mean the Donald Sterling kind of stupidity, but rather, specific comments on the economy or the markets…Read More

Category: Apprenticed Investor, Financial Press, Investing