The market, more or less is right most of the time. Most of the time when the trend is heading up, the market has it right. People are really influenced by the crowd. It's very hard to be outside of the main stream for any extended period of time. The world changes slowly and then suddenly that helps to explain what william goldman once said: nobody knows anything.
Barry Ritholtz is the Chairman and Chief Investment Officer of Ritholtz Wealth Management. Barry talks about using his ADHD as a superpower, survivorship bias, thinking independently in a noisy world, and creating meaning in life.