I do know, I do know, I’m torturing you with e book stuff. This may run its course over the following few weeks and months…
There are many opinions trickling in, and I need to share one from somebody you will not be aware of: John Tamny of Actual Clear Markets.
“From the introduction proper on by the ultimate web page, Ritholtz is evident that his e book “is designed to scale back errors – your errors – with cash.” The latter is essential precisely because of Ritholtz’s empirically right view that one needn’t be an incredible or market-beating investor to have a cheerful retirement as a lot as one should keep away from the errors that sap the genius of compound returns. Gradual and regular wins the race, or one thing like that.
What’s enjoyable is that whereas Ritholtz is preaching a really conservative investing model, his personal model of writing and speaking concepts is something however. Put one other manner, Ritholtz is enjoyable.
Plainly a fan of films, music and books, Ritholtz makes a strong case towards particular person inventory portfolio constructing through the traditional William Goldman line about Hollywood: “nobody is aware of something.” However slightly than solely quote Goldman and Goldman’s personal expertise as a screenwriter to make a case about an opaque enterprise future, Ritholtz expands on how Goldman got here to conclude “nobody is aware of something” with all types of vigorous anecdotes present in his personal studying. It seems all however one studio handed on Raiders of the Misplaced Ark, Columbia Footage selected to make Starman as an alternative of E.T. whereas passing on Again to the Future altogether, and 20th Century Fox allowed George Lucas to take a 70% wage minimize forward of constructing just a little movie known as Star Wars in return for “merchandize and sequel rights” to the franchise…”
Take a look at all the overview to get a full sense of the e book…
Supply:
Ebook Assessment: Barry Ritholtz’s Glorious ‘How To not Make investments’
By John Tamny
Actual Clear Markets, March 20, 2025
