How Not to Invest, with Barry Ritholtz

In this episode of Money Tales, our guest is Barry Ritholtz. From his early days navigating chaos on a trading desk to building a $5 billion advisory firm, Barry shares why investing is simple, but not easy—and how mastering your emotions may matter more than mastering the market. These are the lessons Barry covers in his most recent book How Not To Invest: The ideas, numbers, and behaviors that destroy wealth – and how to avoid them.

Barry is the co-founder, chairman, and chief investment officer of Ritholtz Wealth Management LLC. Launched in 2013, RWM is one of the country’s fastest-growing financial planning and asset management firms. Named ETF Investor of the Year and one of the Financial Times’ top 300 firms, RWM manages over $5 billion for 3,900 families.

Called the “blogfather” for creating The Big Picture, one of the first market weblogs, the site covers everything related to investing. Since its launch in 2003, its mix of behavioral finance and data analysis has attracted 275 million visitors.

Barry is also the creator and host of Masters in Business, the longest-running and most popular podcast on Bloomberg Radio. His book, Bailout Nation, was named one of the Best Business Books of the Year, selected as the Investment Book of the Year, and awarded a First Amendment Award for Outstanding Journalism.

He lives on the north shore of Long Island with his wife, Wendy, and their spoiled dogs, Teddy and Kody.