QOTD: The Market Doesn’t Care How Smart or Dumb You Are

You can be right for the wrong reasons but still be compensated for it. The markets don’t discriminate. A PhD dissertation isn’t required for every trade or investment. Every day people make investment choices for the wrong reasons and still make money. Many fund managers have made their careers in a single good year where they probably got lucky. It’s not fair, but these things have a way of working themselves out eventually.

This is such a killer insight from Ben. I’ve been around long enough to have seen hundreds of examples of this. You can probably think of a bunch too.

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. Blue Coaster33 commented on Apr 27

    Woman of Alien

    Fantastic function you’ve carried out, this site is basically great with superb facts. Time is God’s technique for holding everything from going on directly.

  2. thenaturalpenguin.com commented on Sep 22

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2015/04/25/qotd-the-market-doesnt-care-how-smart-or-dumb-you-are/ […]

  3. pinewswire.net commented on Sep 23

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2015/04/25/qotd-the-market-doesnt-care-how-smart-or-dumb-you-are/ […]

  4. metrofashion-formal.com commented on Oct 24

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2015/04/25/qotd-the-market-doesnt-care-how-smart-or-dumb-you-are/ […]

  5. box braids wigs for sale commented on Oct 30

    … [Trackback]

    […] Here you will find 41134 more Info to that Topic: thereformedbroker.com/2015/04/25/qotd-the-market-doesnt-care-how-smart-or-dumb-you-are/ […]

  6. Digital transformation commented on Nov 13

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2015/04/25/qotd-the-market-doesnt-care-how-smart-or-dumb-you-are/ […]

  7. dumps pin commented on Nov 27

    … [Trackback]

    […] There you will find 67872 additional Info on that Topic: thereformedbroker.com/2015/04/25/qotd-the-market-doesnt-care-how-smart-or-dumb-you-are/ […]

  8. personal banking scotiabank commented on Dec 05

    … [Trackback]

    […] There you will find 72784 additional Info to that Topic: thereformedbroker.com/2015/04/25/qotd-the-market-doesnt-care-how-smart-or-dumb-you-are/ […]