The Stock Market Doesn't Care How Hard You Try (with Barry, Michael, and Morgan Housel)




The Compound Show with Downtown Josh Brown show

Summary: <p>The incredibly bright and insightful Morgan Housel of the Collaborative Fund drops by the Compound to discuss some of the biggest mistakes and misconceptions that plague investors year after year - and what can be done about them.</p><br><p>Morgan talks with Michael Batnick and Barry Ritholtz about:</p><br><p>* how there is no such thing as an optimized portfolio</p><br><p>* why recent trends are more instructive about the near term future, but long term trends are the ally of most investors</p><br><p>* the fact that investing is one of the only endeavors in which the application of more effort doesn't equate to better results</p><br><p>* the hindsight bias that all of us fall victim to</p><br><p>* the reality behind some of the most famous investor track records</p><br><p>* the inconsistency you are required to put up with in the pursuit of long term outperformance</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p> </p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a> </p><p> </p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p> </p><p>Talk to us about your portfolio or financial plan here: </p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p> </p><p>Check out our video channel, "The Compound," over on YouTube:</p><p><a href="https://www.youtube.com/thecompoundrwm" target="_blank">https://www.youtube.com/thecompoundrwm</a></p><br><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br><hr><p style="color:grey;font-size:0.75em;"> See <a style="color:grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for privacy and opt-out information.</p>