How Not to Invest - by Barry Ritholtz

About the Book

How Not To Invest lays out the most common errors investors make as well as the lessons we can learn from some of the wealthiest and most error-prone investors.

Book Synopsis

This book was designed to reduce mistakes.

Your mistakes with money.

Tiny errors, epic fails and everything in between.

You can do thousands of things right, but make just a few of the errors we discuss, and you destroy much of your portfolio.

If you could learn how to avoid the unforced errors investors make all the time, you would make your life so much richer and less stressful.

The counterintuitive truth is avoiding errors is much more important than scoring wins.

How Not To Invest shows you a few simple tools and models that will help you avoid the most common mistakes people make with their money. Learn these, and you are ahead of 98% of your peers.

Make fewer errors, end up with more money.

How Not To Invest lays out the most common errors investors make. Barry Ritholtz reveals his favorite mistakes, including the lessons we can learn from some of the wealthiest and most error-prone investors.

We all make mistakes. The goal with this book is to help you make fewer of them, and to have the mistakes you do make be less expensive.

Review Quotes

"My friend, Barry Ritholtz, the fund manager, has a great book called How Not to Invest, which, believe it or not, is interesting, even if you aren't in investing. He's just really a lot of fun."
--Nobel Laureate Paul Krugman, interviewed by The New York Times's Ezra Klein

"I loved this book! Sure, How Not to Invest is filled with solid market advice that will make you a smarter (aka less dumb) investor, but the real kicker is that it's a blast to read."
--Jack Schwager, Author, Market Wizards series

"An invaluable field guide to the varieties of BS investing advice coming from Wall Street and the media, and a practical intro to investment strategies proven to work."
--Scott Galloway, Professor, NYU Stern, and Co-Host, Pivot and Prof G Markets Podcasts

"For more than 20 years, the first thing I read every morning is Barry Ritholtz's blog. With the publication of his new book, I now have a complete reference of his accumulated investment wisdom at my fingertips. Every investor should read this book!"
--F. William McNabb, Retired Chairman and CEO, Vanguard

"Barry Ritholtz's How Not to Invest is a well-written, invaluable guide to what to do--and not do--in investing."
--Ray Dalio, Founder, Bridgewater Associates

About the Author

Barry L. Ritholtz is co-founder, chairman, and chief investment officer of Ritholtz Wealth Management LLC. Launched in 2013, RWM is a financial planning and asset management firm, with over $3 billion dollars in assets under management. Called the "blogfather" for his long-standing finance weblog, The Big Picture, the site generates half a million page views per month and has been covering everything investing-related since 2003. The blog has amassed 275 million visitors over that 20-year period. He is also the author of How Not To Invest. Barry is the creator and host of Masters in Business, the most popular podcast on Bloomberg Radio.