Succinct Summations of Week’s Event’s 10.30.15 (+ best bonus yet - the Ritholtz Method)

Today Barry Ritholtz supplied his best Sunday bonus yet -- an interview he gave to "The Evidence Based Investor" this past Wednesday in which the former lawyer and now Wall Street wizard describes his approach to investing.  This maven whose fund oversees $175 million dollars in assets and whose blog, "The Big Picture," has so far amassed 130 million views making it one of the most widely read and most influential sources of investment info in the U.S.  More important, he explains why the vast majority of investors do it wrong.  I've shared many wonderful mini-courses in my Marias blog but this may be the bestest and miniest of them all.  Of course, as I always do on Sunday, there is also Ritholtz's summation of the very, very good week we all just had on Wall Street.  Hope everyone had a great weekend.

Succinct Summations of Week’s Event’s 10.30.15

by Barry Ritholtz - October 30th, 2015, 4:30pm

Succinct Summations for the week ending October 2nd, 2015

Positives:

1. The S&P 500 just completed its best month since October 2010.
2. ECI rose 0.6%, in line with estimates.
3. Chicago PMI rose 50 56.2, up from 48.7 previously.
4. Initial jobless claims came in at 260k; the 4-week average is down to 259.25k.

Negatives:

1. U.S. GDP grew at a 1.5% annualized pace in Q3.
2. Consumer confidence fell to 97.6, below expectations and down from 103 previously.
3. Mortgage applications fell 3.5% w/o/w.
4. UofM consumer sentiment fell to 90, below consensus and down from 92 previously.
5. Personal income rose just 0.1% m/o/m

BONUS:

The Man with the Big Picture . . . | The Big Picture

The Man with the Big Picture . . .

by Barry Ritholtz - November 1st, 2015, 10:00am

I did a long-form interview with Robin Powell of Evidence-Based Investor, discussing how I came to realize that the way the vast majority of people invest is the wrong way to do it.

Fun stuff.

click for full interview

Source:
The Man with the Big Picture: Interview with Barry Ritholtz (Part 1)
Robin Powell
Evidence-Based Investor, October 28, 2015
http://bit.ly/1N4BX8o