Investing isn’t just about picking winners; it’s about avoiding costly mistakes. Barry Ritholtz, a financial expert and author of the 2025 book How Not To Invest, argues that many investors lose money not because they lack skill but because they fall into predictable traps. Ritholtz is the chief investment officer of the financial planning and asset management firm Ritholtz Wealth Management.
"You don’t have to be smarter than everyone else—just less stupid," he said.
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