You Watch the Cartoon Bears, I'll Watch the Prices

Ever hear the phrase “too smart for their own good”?  The Long Term Capital guys fit that bill, as did the quants and product guys who fed and securitized the mortgage boom.

And then there is a whole other group of geeks who were so busy looking 10 steps ahead that they missed (and forced others to miss) a stock market DOUBLE in less than 2 year’s time.  A 93.1% gain for the S&P 500 in 22 months.  What.

The market could have a down 30% year in 2011 and the haters would still have been wrong.  Keep watching Cartoon Bears, geniuses, I’ll be watching Price..

As my boy Brian Shannon likes to say, “only price pays”.

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. eatverts commented on Sep 21

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  2. bitcoin loophole commented on Oct 03

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  3. Exotic Animals for Sale commented on Oct 13

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  4. gutter-guard-news.com commented on Oct 19

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  5. fun88 commented on Oct 28

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  6. Sex chemical commented on Oct 29

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  7. 사설토토 commented on Dec 25

    … [Trackback]

    […] Here you can find 49994 more Information on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  8. tangerine bank account online commented on Jan 10

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  9. DevSecOps commented on Jan 17

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  10. quality engineering commented on Jan 18

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  11. bmo online sign commented on Jan 26

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  12. cibc login commented on Jan 28

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]