{"id":56615,"date":"2025-06-01T15:30:13","date_gmt":"2025-06-01T19:30:13","guid":{"rendered":"https:\/\/thedisciplinedinvestor.com\/blog\/?p=56615"},"modified":"2025-05-29T16:02:57","modified_gmt":"2025-05-29T20:02:57","slug":"tdi-podcast-how-not-to-invest-923","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2025\/06\/01\/tdi-podcast-how-not-to-invest-923\/","title":{"rendered":"TDI Podcast: How Not To Invest (#923)"},"content":{"rendered":"<p>The tariff saga continues \u2013 we got the The TACO trade and the courts now.<\/p>\n<p>The Big Beautiful Bill \u2013 in jeopardy.<\/p>\n<p>May was a jolly good month \u2013 equities ripped higher.<\/p>\n<p>Guest: Barry Ritholtz, Ritholtz Wealth Management, Host &#8211; Masters In Business and Author.<\/p>\n<p><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-54929 size-medium\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts-300x100.png\" alt=\"TDI Podcast on Apple Podcasts\" width=\"300\" height=\"100\" srcset=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts-300x100.png 300w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts-610x204.png 610w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts.png 677w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><br \/>\n<span style=\"color: #ff0000;\"><em>\u00a0NEW!<\/em><\/span> <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/TDI-Notes-and-Summary-923.pdf\"><em><strong>DOWNLOAD THIS EPISODE\u2019S AI GENERATED SHOW NOTES (Guest Segment)<\/strong><\/em><\/a><\/p>\n<p><!--more--><\/p>\n<hr \/>\n<p><strong><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/ritholtz_1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-56617 alignleft\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/ritholtz_1.jpg\" alt=\"\" width=\"167\" height=\"167\" srcset=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/ritholtz_1.jpg 200w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/ritholtz_1-150x150.jpg 150w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/ritholtz_1-120x120.jpg 120w\" sizes=\"auto, (max-width: 167px) 100vw, 167px\" \/><\/a>Barry L. Ritholtz<\/strong> is the co-founder, chairman, and chief investment officer of Ritholtz Wealth Management LLC. Launched in 2013, RWM is one of the country\u2019s fastest-growing financial planning and asset management firms. Named ETF Investor of the Year and one of the Financial Times&#8217; top 300 firms, RWM manages over $5 billion for 3,900 families.<a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/hownottoinvest.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-56618 alignright\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/hownottoinvest-194x300.jpg\" alt=\"\" width=\"157\" height=\"243\" srcset=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/hownottoinvest-194x300.jpg 194w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/05\/hownottoinvest.jpg 288w\" sizes=\"auto, (max-width: 157px) 100vw, 157px\" \/><\/a><\/p>\n<p>Called the \u201cblogfather\u201d for creating The Big Picture, one of the first market weblogs, the site covers everything related to investing. Since its launch in in the very early 2000&#8217;s, its mix of behavioral finance and data analysis has attracted nearly 300 million visitors.<\/p>\n<p>Barry is also the creator and host of <em>Masters in Business<\/em>, the longest-running and most popular podcast on Bloomberg Radio. His book, <em>Bailout Nation<\/em>, was named one of the Best Business Books of the Year, selected as the Investment Book of the Year, and awarded a First Amendment Award for Outstanding Journalism.<\/p>\n<p style=\"text-align: center;\"><strong><a href=\"https:\/\/www.amazon.com\/How-Not-Invest-numbers-behaviors\/dp\/1804091197\">How Not To Invest &#8211; The ideas, numbers, and behaviors that destroy wealth &#8211; and how to avoid them<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Check this out and find out more at: <a href=\"https:\/\/www.interactivebrokers.com\/\">http:\/\/www.interactivebrokers.com\/<\/a><\/strong><a href=\"https:\/\/www.interactivebrokers.com\/mkt\/?src=tdi1&amp;url=%2Fen%2Findex.php%3Ff%3D1338\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-54327\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2020\/12\/InteractiveBrokers_logo1-e1607262448146.jpg\" alt=\"Interactive Brokers - Why IB?\" width=\"393\" height=\"87\" \/><\/a><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Looking to invest in The Disciplined Investor Managed Growth Strategy?<br \/>\nClick <strong><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\">HERE<\/a><\/strong> for the virtual tour.<\/h3>\n<hr \/>\n<p style=\"text-align: center;\">Stocks Mentioned in the Episode: (SPY), (AMZN), (CHWY)<\/p>\n<p style=\"text-align: center;\"><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/andrewhorowitz\" data-show-count=\"false\">Follow @andrewhorowitz<\/a><script src=\"\/\/platform.twitter.com\/widgets.js\" type=\"text\/javascript\"><\/script><\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_6883\"><a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('6883','https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=56615-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode923.mp3\">Download<\/a> (Duration: 1:24:37 &#8212; 77.8MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The tariff saga continues \u2013 we got the The TACO trade and the courts now. The Big Beautiful Bill \u2013 in jeopardy. May was a jolly good month \u2013 equities ripped higher. Guest: Barry Ritholtz, Ritholtz Wealth Management, Host &#8211; Masters In Business and Author. \u00a0NEW! DOWNLOAD THIS EPISODE\u2019S AI GENERATED SHOW NOTES (Guest Segment)<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_6884\"><a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('6884','https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=56615-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode923.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode923.mp3\">Download<\/a> (Duration: 1:24:37 &#8212; 77.8MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"author":1,"featured_media":56616,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9,296],"tags":[482,297],"class_list":["post-56615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcasts","category-shownotes","tag-podcasts","tag-show-notes","et-has-post-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/56615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=56615"}],"version-history":[{"count":4,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/56615\/revisions"}],"predecessor-version":[{"id":56625,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/56615\/revisions\/56625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media\/56616"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=56615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=56615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=56615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}