Recently a prominent member of the libertarian community died. Notable about the individual's death is what he left behind. Though he earned good money over the decades, the pay was in no way as
The article at RealClearMarkets reviews Barry Ritholtz's book "How Not to Invest," which serves as a guide on avoiding common investment pitfalls. Ritholtz, known for his insights in financial markets, uses a blend of humor and hard data to dissect various investment mistakes, from chasing performance to succumbing to emotional biases. The book outlines numerous errors investors often make, like overtrading, ignoring fees, and falling for the allure of get-rich-quick schemes. It emphasizes the importance of understanding one's own psychological biases, the benefits of a disciplined investment strategy, and the value of learning from historical market behaviors. Ritholtz's work is praised for its practical advice, making it an essential read for both novice and seasoned investors looking to refine their approach to investing by learning from others' missteps.