Ask The Compound

"If Charles Ponzi were alive today, I have no doubt that he would be able to raise capital from investors, probably in the form of a SPAC. Many investors would laud him for being a genius as he bilked investors out of millions of dollars." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. Se...

"The beauty of a small allocation to a fun bucket within your portfolio is it allows you to scratch an itch, therefore leaving the rest of your portfolio alone." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Vi...

"How could there be value created from ‘mining’ digits on a computer? Then again, how did paper currency derive value? The value lies in our collective belief and agreement in that value." - Blair duQuesnay For more visit: The Belle Curve For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more abo...

"The nature of wealth seems to be changing. Not only is wealth inequality higher than in the past. The acquisition of wealth seems to be occurring at a more rapid pace. The idea of the 'millionaire next door' still exists but now seems passé." - Tadas Viskanta For more visit: Abnormal Returns For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See...

"Herein lies the huge advantage of direct indexing over ETFs and Mutual Funds: Accessing losers that would otherwise net out to zero." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

"It’s a bonanza. Retail bankruptcies didn’t show up. Corporate bankruptcies didn’t show up. Lots of stuff got worked out and renegotiated with the ubiquitous grease of easy money on slathered atop everyone’s palms, although most of the palliative financial treatments of this era occurred via DocuSign rather than physical handshake." - Josh Brown For more visit: The Reformed Broker For disclosure i...

"If done correctly, the life insurance policy pays out a death benefit that is tax free to their children and passes outside of the estate, avoiding estate tax as well. At no out of pocket expense, this family has leveraged ‘small’ annual gifts to provide a legacy to the grandchildren." - Blair duQuesnay For more visit: The Belle Curve For disclosure information please visit: https://ritholtzwealt...

"Bands used to tour to promote their albums, which was how they monetized their created works. Now, they put out an album so they can tour, which is where most of the monetization is today. If they could capture a higher percentage of the gate – including secondary market resales – it could change the economics dramatically." - Barry Ritholtz For more visit: The Big Picture For disclosure informat...

"Supply is constrained but not for the reasons you think." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

"Whenever someone starts talking about the dollar, your go to move should be to view the data." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

"Without a purpose, money is merely an entry in an accounting ledger. But capital tied to a useful purpose has magical powers." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

"In a normal market, it does not take much of a shift to create an imbalance. Housing here is both too little supply and too much demand; these look like temporary issues, not a longer-lasting condition." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Hosted on Acast. See acast.com/privacy for more information....

"If ever you needed proof that the day-to-day noise is a boon for traders but the bane of investors, 2020 was it. Had you missed the entire year, and not ever touched your portfolios, you would have been much better off." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit meg...

"The best deals used to be reserved for the best investors. But as more liquidity entered private markets founders now have other factors to consider." - Michael Batnick For more visit: The Irrelevant Investor For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

"This is important to all top-callers. If you manage capital for clients, your top call will raise all sorts of issues with them. You certainly can’t be long the markets after your top call. Remember what the great Barton Biggs, Morgan Stanley’s former strategist, said: “Bullish and wrong and clients are angry; bearish and wrong and they fire you.” - Barry Ritholtz For more visit: The Big Picture...

"I’m in a moment right now. Putting pieces in place. Declining comment. Biding my time. Building my own lane. You can have all the rest. How can we be competitors when I don’t want what you want?" - Josh Brown For more visit: The Reformed Broker For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

"The key observation here is that behavior among different sectors changes at tops, bottoms and middles. That is true for markets, and it is true for economic cycles as well. For those who see bubbles, I suggest considering the possibility of a rotation." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn mor...

"I don’t help people get rich, I help them stay rich. My job as a wealth manager is to help clients hold on to their wealth and to preserve and grow it to keep pace with inflation. My number one priority is to ensure that money is there to meet their goals, when they are ready to spend it." - Blair duQuesnay For more visit: The Belle Curve For disclosure information please visit: https://ritholtzw...

"It will take time for the realization to set in that 2020 truly marked the end of a way of life we’ve known our whole lives. This doesn’t mean the new way of life will be worse. It may even be better (clean and hygienic!). Either way, it will not be the same." - Josh Brown For more visit: The Reformed Broker For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Lea...

"This era is fraught with misinformation, driven by social networks that iterate algorithms to expertly manipulate dopamine-driven human behavior. It presents a clear and present danger for investors." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

"I do consider myself a glass-half-full kind of guy. I think I was just born this way. I have plenty of worries just like the next person, but I have a huge amount of faith in the power of the human spirit to figure things out." - Ben Carlson For more visit: A Wealth of Common Sense For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choic...

"Because something is easy to measure doesn’t mean it’s important. In our haste to make life less complicated and predictable, we focus on measurable things. Just because we can." - Tony Isola For more visit: A Teachable Moment For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

"You have to keep your head down when investors get manic over shiny objects. From Bitcoin, to GameStop, to NFTs, I would be slaughtered trying to speculate in these areas. Slow and steady, asset allocation with rebalancing, is the only way I know to grow and preserve wealth with any consistency." - Blair duQuesnay For more visit: The Belle Curve For disclosure information please visit: https://ri...

"Some people can create alpha in real estate, equities, etc. but I think much of the strong returns we have been seeing lately is in no small part due to dumb luck." - Barry Ritholtz For more visit: The Big Picture For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

"If you had invested from 1960-1980 and beaten the market by 5% each year, you would have made less money than if you had invested from 1980-2000 and underperformed the market by 5% a year " - Michael Batnick For more visit: The Irrelevant Investor For disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices