Barry Ritholtz on the Top Mistake He Sees Investors Make
- Barry Ritholtz advises investors to focus on long-term strategies over short-term trading.
- Ritholtz emphasizes managing emotions and behavior to avoid derailing investment plans.
- He suggests controlling savings rates, market consistency, retirement accounts, portfolio, and risk.
To Barry Ritholtz, investing is just like tennis.
At the top level, players like Carlos Alcaraz or Jannik Sinner win by using their impressive capabilities to hit difficult shots. At lower levels of expertise, however, many players excel simply by not getting in their own way and minimizing mistakes.
The same principle applies to investing: leave the complex short-term trading strategies to the hedge funds. For the…