Barry Ritholtz

It is important for investors to understand what they do and don’t know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

“It is important for investors to understand what they do and don’t know. Learn to recognize that you cannot possibly know what is going to … Read More

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission… was an act of cowardice. Rather than man up and say fix this, its broken, we can’t afford it.

“For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less … Read More

I find it funny that people who didn’t think there was any inflation in the pipeline are now talking about stagflation. This is nothing like the 1970’s, which was a pretty dismal period and not just because of polyester and disco.

“I find it funny that people who didn’t think there was any inflation in the pipeline are now talking about stagflation. This is nothing like … Read More