The aberrational century
“The past 25 years have been marked by very low average 10-year yields and very affordable 30-year fixed mortgage rates. This is especially true compared with the prior 25-year period.”
Barry Ritholtz has spent his career helping people spot their own investment errors and learn how to better manage their own financial behaviors. He is the creator of The Big Picture, often referenced by The Wall Street Journal, New York Times, and others. Barry is the creator and host of Bloomberg’s “Masters in Business” radio podcast and a featured columnist at the Washington Post. He is the author of the Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy (Wiley, 2009).
When not working, Barry can be found with his wife and their two dogs on the north shore of Long Island.

“The past 25 years have been marked by very low average 10-year yields and very affordable 30-year fixed mortgage rates. This is especially true compared with the prior 25-year period.”
“Data from Altrata shows 70% of the UHNW individuals are self-made, with business ownership dominating.”
“We are all systematically blind to how often things fail.”
“I have no insight into how to have the Fates smile upon you. But I can think of thousands of things you can do that would be helpful to your career.”
“The bottom line is that the SEC should encourage more information sharing, greater transparency, and more frequent earnings reporting — not less.”
“Why is there so much bad advice? The short answer is that we give too much credit to gurus who self-confidently predict the future despite overwhelming evidence that they can’t.”
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