Posts filed under “Apprenticed Investor”

How to Get More Signal . . .

 

 

My Sunday Washington Post Business Section column is out. This morning, we look at the best ways to Use the News.

As I noted last time out, its helpful to reduce your noise levels when it comes to investing.

This go round the focus on getting more signal. For a change, I am positive (instead of my usual critical carping) about the media.

Here’s an excerpt from the column:

“If you have read me for any length of time, you know I am less than enthralled with much of what passes for financial news. Most of it looks like meaningless filler to me. A lot of it is misleading, emotional, nonsense. Too much of it is prediction-driven — and experience has taught us that most predictions are worthless. Last, huge swaths of opinion often masquerade as analysis, and that does nothing for you. That someone else happens to like XYZ should be irrelevant to you as an investor.

Rather than repeat my usual whining about the financial press, I want to focus on how your use of media can add value to your investing process. (Okay, some whining might slip in, but I will keep it to a minimum.)”

I name names of my specific favorites as well in the full piece . . .

>
Fintv
>

Source:
Use the News
Barry Ritholtz
Washington Post, November 17 2013
http://www.washingtonpost.com/business/use-the-news-how-to-get-the-most-out-of-financial-media/2013/11/15/30f8b014-4c9a-11e3-ac54-aa84301ced81_story.html

Category: Apprenticed Investor, Financial Press, Investing

Reduce the noise levels in your investment process

Reduce the noise levels in your investment process Barry Ritholtz November 1, 2013     “Signal-to-noise ratio” is an engineering concept that focuses on the amount of useful information being received compared with false or useless data. This is an especially important concept to investors. Over the past few years, I have been reducing the…Read More

Category: Apprenticed Investor, Investing

Brits Debate Capping Retirement-Plan Fees, Should the USA?

We all know that the U.S. has a looming retirement crisis. The baby boomers do not save enough for their golden years. Social Security is funded at levels that are less than ideal. Private savings in the form of Individual Retirement Accounts and tax-qualified plans like 401(k)’s also appear to be insufficient. One of the…Read More

Category: 401(k), Apprenticed Investor

Welcome to My First Bloomberg View Column

Well now, let’s have a look around here. Hmmm, nicely typeset. Headline, URL, date are in the usual places; sidebar for other articles off to the right. Hey, this doesn’t look very different than it did at my blog, the Big Picture. What’s different? Oh, you out there. I see, you are a somewhat different…Read More

Category: Apprenticed Investor

Reduce Your Investing Noise Level

>   My Sunday Washington Post Business Section column is out. This morning, we look at “noise” levels, and what you can do to reduce them. Here’s an excerpt from the column, that asks: Do these inputs add to signal or to noise? • News: Most of it is actually old. By the time information…Read More

Category: Apprenticed Investor

How Shiller helped Fama win the Nobel

How Shiller helped Fama win the Nobel Barry Ritholtz, Washington Post October 20 2013   At the University of Chicago, there are two professors of economics named Eugene Fama. The first — let’s call him Fama the Younger — started in the 1960s. He developed a profound insight about the markets. This Fama observed that…Read More

Category: Apprenticed Investor, Psychology, Really, really bad calls

Fama Has Shiller to Thank for his Nobel Prize

    My Sunday Washington Post Business Section column is out. This morning, I look at how Eugene Fama’s early insights were nearly eclipsed by his latter bad theories. Not to give away the ending, but if it weren’t for Robert Shiller’s criticism, Fama may very well not have won. Here’s an excerpt from the…Read More

Category: Apprenticed Investor, Psychology, Really, really bad calls

The Problem With Financial Media

I am working on this week’s WaPo column, based loosely on last week’s open thread on the value of the Financial Media. I have a 23 bullet points I am trying to cut down to a dozen or less. Here are two: Too Much Noise, Too Little Signal:  The biggest problem most investors encounter is…Read More

Category: Apprenticed Investor, Data Analysis, Financial Press

The Obamacare Portfolio

On Investing: The Obamacare portfolio By Barry Ritholtz, October 6, 10:11 AM       Investors are best off when they leave their party affiliation and partisan views behind. I’ve said it before: “Washington, I’m here to tell you, politics and investing don’t mix. Your politics are killing you in the markets.” Keeping your emotions…Read More

Category: Apprenticed Investor, Investing, Politics

ObamaCare: Investing Advice for Senator Ted Cruz

>   My Sunday Washington Post Business Section column is out. This morning, we look objectively at Obamacare — not the politics of it, but the investing aspect. Its called: On Investing: The Obamacare portfolio. My conclusion? If you were an objective observer of the legislation when it passed, and then again when the Supreme…Read More

Category: Apprenticed Investor, Politics, Psychology, Really, really bad calls