Posts filed under “Asset Allocation”

“I come not to praise forecasters but to bury them.”

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My Sunday Washington Post Business Section column is out. This morning, we look at why It’s time to market forecasters to admit the errors of their ways.

It is yet another look at the parade of really bad forecasts we get treated to constantly in the world of investing and finance.

Here’s an excerpt from the column:

“What say we finally put a fork in Prediction, Inc.?

There is a forecasting-industrial complex, and it is a blight on all that is good and true. The symbiotic relationship between the media and Wall Street drives a relentless parade of money-losing tomfoolery: Television and radio have 24 hours a day they must fill, and they do so mostly with empty-headed nonsense. Print has column inches to put out. Online media may be the worst of all, with an infinite maw that needs to be constantly filled with new and often meaningless content.

Just because the beast must be fed does not mean you must be dragon fodder. (More on this later.)”

The entire piece is worth your time to read in full,  including some advice on the best way for you the home viewer to deal with this.

 

 

Source:
It’s time to market forecasters to admit the errors of their ways
Barry Ritholtz
Washington Post, January 18, 2015  
http://wapo.st/1yybs8z

Category: Apprenticed Investor, Asset Allocation, Investing, Really, really bad calls

Last Slot Left for Seattle

Wow, that was quick! We have one or two slots left to meet with folks in Seattle during the week of January 20th (I am coming into town to interview Howard Marks at the CFA dinner). For those of you who are familiar with my investing philosophy, this is an opportunity for a more in…Read More

Category: Asset Allocation, Investing

Coming to Seattle !

  The week of January 20th, I will be in Seattle to interview Howard Marks at the CFA dinner. I will also be visiting a few clients and prospective clients in the area as well. Many of you are familiar with my investing philosophy, but this is an opportunity to have a more in depth and personal…Read More

Category: Asset Allocation, Investing

What is an Online Financial Advisor?

I thought this infographic was inforamtive. We launched our own online advisor last year called Liftoff:   Source: Paladin Research & Registry

Category: Asset Allocation, Digital Media, ETFs, Investing, Technology

The Basic Simple Truths of Investing

For investors, it’s a perfect time to go back to the basics Barry Ritholtz Washington Post, December 21, 2014     Look around you: This is the time of year when the pages of newspapers and magazines are filled with predictions and lists and all manner of money-losing nonsense. I have pushed back against much…Read More

Category: Apprenticed Investor, Asset Allocation, Cognitive Foibles, Investing

Back to Basics

>   My Sunday Washington Post Business Section column is out. This morning, we look at a few basics of investing that many investors get wrong. Here’s an excerpt from the column: “Today, I am going to suggest you take a different route: Focus on 10 basic, simple truths that many investors seemingly ignore. Some…Read More

Category: Apprenticed Investor, Asset Allocation, Investing

$100,000 Says My Portfolio Will Beat Tony Robbins’

Motivational speaker Anthony Robbins has a new book on investing, “Money: Master the Game.” It is his first book in two decades, and he has been everywhere, flogging it directly onto the best-seller list. The good news is that the book contains snippets of conversations with some of the world’s greatest investors. The bad news…Read More

Category: Apprenticed Investor, Asset Allocation

Better Than All Weather Portfolio . . .

>   My Sunday Washington Post Business Section column is out. This morning, we take yet another at Tony Robbin’s All Weather Portfolio. The print version had the headline Why the all-weather portfolio is a wash-out while online, it was Better Than All Weather Portfolio. Rather than merely criticize Robbin’s 55% bond, 15% commodity portfolio, I…Read More

Category: Apprenticed Investor, Asset Allocation, Fixed Income/Interest Rates, Investing, Really, really bad calls

Batnick: Why it’s important to diversify globally

Category: Asset Allocation, Investing, Video

Congratulations! You just signed a $325 million deal. Now what?

Congratulations! You just signed a $325 million deal. Now what? Barry Ritholtz Washington Post November 23, 2014       Last week, we learned that Giancarlo Stanton signed an enormous contract: a 13-year, $325 million deal with the Miami Marlins. Before the 25-year-old slugger starts to celebrate, there are quite a few things he needs…Read More

Category: Apprenticed Investor, Asset Allocation, Investing, Wages & Income