Barry Ritholtz
@Ritholtz
Chair/CIO of RWM http://ritholtzwealth.com Masters-in-Business podcast/radio host Director of Cognitive Dissonance
It's finally here! Hardcover, kindle, and audio versions of: How NOT To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them HowNottoInvestbook dot com

"Mauboussin writes that as a field becomes more crowded with talented, skillful players, the role of luck becomes ever more important. When everyone is competing at the highest level, personal qualities like skill, hard work, and intelligence cancel each other out." ↓:
MiB: Sonal Desai, Franklin Templeton Fixed Income CIO dlvr.it/TM6ZDv

Fascinating story about derivatives trading in India, and a series of amazing trades by Jane Street... youtu.be/VhqosmgfGR0?si…
There is no red in this picture; your brain is filling in the red color. The picture is made entirely of light blue, black, and white.
Never buy a condo or a coop unless the corporation also owns the land underneath the building...
After a decade of bracing for impact on a land-lease reset, residents of the Billionaires’ Row co-op Carnegie House will see their ground rent skyrocket 450 percent, an amount that will more than double the monthly fees that residents pay. curbed.com/article/carneg…
How to Spot Bad Investing Advice and Build a Resilient Portfolio. kiplinger.com/investing/barr…
Super fun episode of At the Money: Getting Paid in Company Stock. ritholtz.com/2025/07/atm-ge…
Zero-sum Thinking and the Labor Market - Excellent piece by @kylascan kyla.substack.com/p/zero-sum-thi…
BREAKING: Ozzy Osbourne, famed Black Sabbath frontman and heavy metal pioneer, has died. He was 76. Read more: abcnews.link/Gqg3ANm
7 simple ways to be a bit happier each day: Just a few minutes a day of joy snacking can have a big impact on your life, research shows. washingtonpost.com/wellness/2025/…
Going Private With Carlyle CEO Harvey Schwartz. @sonalibasak + Harvey Schwartz youtu.be/9reEXWDXk-4?si…
BofA: With the Unemployment rate rising gradually (4.4% in 4Q25) & core PCE inflation likely to reach 3% over the summer, we don't think the Fed will be able to cut rates this year.

Nick's new book drops today! I love how he breaks life's various "pain points" into a rungs on a wealth ladder: Level 1. Paycheck-to-paycheck (<$10k): You are conscious of every dollar you spend. This includes people with crippling debt. Level 2. Grocery freedom ($10k–$100k):…
My book, The Wealth Ladder, is now available: geni.us/wealthladderha…
Transcript: Neil Dutta, RenMac ritholtz.com/2025/07/transc…
20 COGNITIVE BIASES THAT NEGATIVELY IMPACT YOUR DECISIONS