Catching Up

(Barry and I got our big closeup this week, see below for details!) 

Things are a bit slower in New York today because of the Jewish high holidays, so queued up this post with some stuff for you to catch up on.

Michael and I both read A World Lit Only By Fire by William Manchester and were blown away. Our video review comes out on Sunday, which gives you plenty of time to read it and let us know what you think on Facebook or YouTube. Follow or subscribe and you’ll get the alert.

Ritholtz Wealth Management on Facebook

The Compound on YouTube

The new Animal Spirits came out overnight and it’s awesome. Ben and Michael cover taking advice from billionaires, a new ETF that seeks to quantify technical analysis, whether or not low income households should buy lottery tickets and a lot more. You should be listening to this weekly, I guarantee you it’s one habit that will definitely make you smarter.

Borrowing from the Future (Animal Spirits, Episode 47) 

Congratulations to our friend Patrick O’Shaughnessy of O’Shaughnessy Asset Management on two full years of his Invest Like The Best podcast, definitely one of the best podcasts out there. I’m honored to have been a guest on the show twice. Patrick’s breadth and depth of knowledge combined with his innate curiosity and a global web of connections make this thing a must-listen.

Check out the newest episode, Trail Magic, and you’ll be hooked.

I thought this Bloomberg story was fascinating, and I’ll be talking more about it later on. Just this idea that everyone has become so short-term (they were always short-term but now it’s exacerbated) is so under-explored. If you’re an active portfolio manager and you’re seeing assets yanked away from your fund and your firm month after month, you know your only salvation is to at least match the benchmark. And not annually, but, like daily.

It’s absurd and it’s leading to massive herding. Look at geographic over- and underweights right now – PMs around the world are all plowing into US stocks, the most expensive large equity market on the planet. If their timeframe is year-end because they’re trying to keep their jobs, maybe it will work. Incentives explain almost everything.

Investors Are Going All In On The Global Divergence Trade (Bloomberg)

Finally, this week Ritholtz Wealth Management was the cover story for Citywire’s RIA Magazine.

We were really proud to have been featured, especially considering the fact that this month marks our fifth anniversary as a firm. You can check the whole thing out here:

Talk of the Town (Citywire)

Back later…

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Catching Up – Financial Solutions commented on Sep 19

    […] (Barry and I got our big closeup this week, see below for details!)  Things are a bit slower in New York today because of the Jewish high holidays, so queued up this post with some stuff for you to catch up on. Michael and I both read A World Lit Only By Fire by William Manchester and were blown away. Our video review comes out on Sunday, which gives you plenty of time to read it and let us know what you think on Facebo… Source: http://thereformedbroker.com/2018/09/19/catching-up/ […]

  2. sex commented on Sep 18

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  3. bitcoin era reviews commented on Sep 23

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  4. blazingtraderapp.com commented on Sep 26

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  5. is bitcoin loophole legit? commented on Sep 27

    … [Trackback]

    […] There you can find 91847 additional Info to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  6. Mossberg guns in stock commented on Oct 13

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  7. porn movie commented on Oct 18

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  8. Devops commented on Nov 10

    … [Trackback]

    […] There you will find 99190 more Information on that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  9. new haven ct bail bondsman commented on Nov 22

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  10. blue bob wig commented on Dec 08

    … [Trackback]

    […] There you will find 89268 more Info on that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  11. Regression testing commented on Dec 18

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  12. CI CD commented on Jan 14

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  13. replica watches commented on Jan 20

    … [Trackback]

    […] Here you will find 45681 more Information to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  14. bandar77 commented on Jan 23

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]

  15. paito warna sgp commented on Jan 30

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2018/09/19/catching-up/ […]