The Stock Market Doesn't Care How Hard You Try (with Barry, Michael, and Morgan Housel)
The Stock Market Doesn't Care How Hard You Try (with Barry, Michael, and Morgan Housel)  
Podcast: The Compound and Friends
Published On: Tue Dec 03 2019
Description: 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. Morgan talks with Michael Batnick and Barry Ritholtz about: * how there is no such thing as an optimized portfolio * why recent trends are more instructive about the near term future, but long term trends are the ally of most investors * the fact that investing is one of the only endeavors in which the application of more effort doesn't equate to better results * the hindsight bias that all of us fall victim to * the reality behind some of the most famous investor track records * the inconsistency you are required to put up with in the pursuit of long term outperformance 1-click play or subscribe on your favorite podcast app   Subscribe to the mini podcast on iTunes or Spotify    Enable our Alexa skill here - "Alexa, play the Compound show!"   Talk to us about your portfolio or financial plan here:  http://ritholtzwealth.com/   Check out our video channel, "The Compound," over on YouTube: https://www.youtube.com/thecompoundrwm 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 & conditions disclaimer: https://thereformedbroker.com/terms-and-conditions/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices