Enjoyable dialog in Barron’s about Steering Purchasers Away From Dangerous Investing Errors. Douglas Boneparth of Bone Fide Wealth, Jennifer Li of EP Wealth Advisors, and yours actually.
We talk about anticipating and thwarting the dangerous conduct the place buyers hurts themselves:
“Avoiding dangerous selections lies on the coronary heart of How To not Make investments, a brand new e-book by Barry Ritholtz, the founder and chief funding officer of Ritholtz Wealth Administration, a monetary planning agency with $5.6 billion in belongings underneath administration. Ritholtz stated that the e-book attracts inspiration from main funding minds resembling Charles Ellis, the founding father of consulting agency Greenwich Associates and the previous chairman of the Yale Endowment, and the late Charlie Munger, a vice chairman at Berkshire Hathaway and Warren Buffett’s longtime sidekick. Each buyers, says Ritholtz, subscribed to the view that “we’re all higher off if we simply make fewer errors.”
Plenty of good recommendation from the trio.
Test it out right here.
Supply:
How Subsequent-Technology Advisors Steer Purchasers Away From Dangerous Investing Errors
A key position of a monetary advisor is to stop shoppers from making rash selections throughout risky markets.
By John Kimelman
Barron’s Could 01, 2025
