“It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.”

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About Barry Ritholtz

American businessman and author

Barry Ritholtz is an American businessman and author. He is the founder and chief investment officer of Ritholtz Wealth Management, and he first drew wider attention for warning about the risks in derivatives and mortgages before the subprime mortgage crisis. His work is rooted in financial planning and asset management. He is best known for commenting on market risk and the forces behind major financial disruptions, especially in the years leading up to the crisis.

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