Investors will be ‘miles ahead’ if they avoid these 3 things, ‘How Not to Invest’ author says

Key Points

Many people are bad investors largely because they aren’t skeptical enough: They react emotionally and they don’t understand compound interest, said Barry Ritholtz, chairman and chief investment officer of Ritholtz Wealth Management.
Famous investors like Warren Buffett and Peter Lynch who consistently beat the market are rare, Ritholtz said.

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Finance

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Key Points Fed Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux. “We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks,” the central bank […]

Finance

Key AI hub China restricts schoolchildren’s use of the tech

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Finance

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