Barry Ritholtz Warns: Don’t Mix Investing and Identity Politics
October 17, 2022 by Dinah Wisenberg Brin
Identity politics and investing don’t mix well, investor Barry Ritholtz warned this week, urging investors not to base their portfolio moves on emotional ideological branding.
“Good investing is about future discounted cash flows, behavioral management and having a long-term perspective. It’s not about partisan politics, religious beliefs or any other emotionally driven system separated from the intelligent allocation of capital,” the Ritholtz Wealth Management founder and chief investment officer wrote Tuesday on his blog, The Big Picture.
Click HERE to read the full story via ThinkAdvisor