Classes for Buyers from Mini-Panics

The primary post-pandemic presentation I pulled collectively for my pal Joe Fitzgerald (we labored collectively within the late 2000s) was a brand new deck titled: Biggest Mistakes Made by UHNW Investors.

Within the intervening 12 months, I up to date and refined the deck, including extra examples and particular recommendation. under is my dialogue of what the presentation can be like on the MoneyShow in Orlando on October 30.

In case you are close to Orlando on the finish of October, c’mon by.

China, Clickbait, & Market Crises: What Buyers Ought to Know About Behavioral Economics

Right here is the Moneyshow’s description:

“Barry Ritholtz is Founder and CIO of Ritholtz Wealth Administration. He’s additionally a long-time market analyst, commentator, and knowledgeable on behavioral economics rules as they apply to investing. On this insightful interview, Barry discusses the perils of paying an excessive amount of consideration to “hair on fireplace” headlines like current ones about China’s credit score points, rising rates of interest, and the danger of recession. He notes that “The clickbait stuff is entertaining, however it’s not how we handle belongings and it’s not how people ought to handle their very own belongings.” Barry additionally discusses how people are wired to make fast judgments, use sample recognition, and overreact to sure stimuli as a result of that aided in our evolution and survival as a species. The issue? “Issues that labored nice on the savannah, they don’t actually work properly in capital markets.” Our discuss then pivots to Barry’s outlook for Federal Reserve coverage, why he thinks a better inflation goal than 2% is sensible, how the 60/40 portfolio didn’t actually “fail” final 12 months, and what buyers can do now to adapt to a higher-rate, higher-stimulus market surroundings.”