The Prof G Pod with Scott Galloway
How Not to Invest — with Barry Ritholtz
Mar 13, 2025
Barry Ritholtz, co-founder and chief investment officer of Ritholtz Wealth Management, shares insights from his book on common investment pitfalls. He argues that diversification is crucial, yet often overlooked, and critiques the alternative investment industry as a vast financial grift. Ritholtz also explores emotional influences on investing, emphasizing a disciplined approach and the merits of index funds. He touches on market valuations, the impact of geopolitics on wealth, and highlights the importance of luck in success, making for an engaging discussion on prudent investment strategies.
01:05:04
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Quick takeaways
- Barry Ritholtz emphasizes the critical role of diversification in investing, highlighting that it's both a strategic necessity and often underestimated by investors.
- The podcast discusses the potential overvaluation of the U.S. market, urging listeners to be cautious and analytical before making investment decisions.
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