Barry Ritholtz is a Bloomberg View columnist writing about finance, the economy and the business world. He started the Big Picture blog in 2003 and is the founder of Ritholtz Wealth Management, an asset management and financial planning firm. Ritholtz was previously the chief executive officer and director of equity research at FusionIQ, a quantitative research firm for which he continues to consult. He is the author of "Bailout Nation" and is a graduate of Stony Brook University and Yeshiva University's Benjamin N. Cardozo School of Law. He lives on New York's Long Island with his wife.
We're back to normal after 2017, an idyllic outlier in many respects.
The notion that just thinking something can make it happen is a joke. Too bad some people fall for it.
Legislators passed a law that made the USPS less competitive with the private sector.
We all love a well-told yarn, though it might be a money-loser.
After February, investors started freaking over almost everything.
A few easy steps to wrestle the social media app into submission.
Sifting though the conventional wisdom 10 years later.
The main problem is that effects of bad decision-making don't become clear until much later.
Shares rise -- and fall -- almost regardless of the actions of top executives.
If a decision expands the potential customer base, the result can be positive.
It's only $100 billion away.
It's not just the unemployment rate.
There are many reasons share prices can outpace U.S. economic growth.
Surveys of how entrepreneurs are feeling have proven to be of little value.