China’s CSI 300 Index crashed 7 percent last night, on data showing further slowing in China. The Stoxx Europe 600 Index dropped 2.6 percent, and US futures are off 1.5 percent.
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Look Out Below, Shanghai Edition
January 4, 2016 6:00am by Barry Ritholtz
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“#8 How can I eliminate noise and distractions? This is a subject we have addressed previously, but it bears repeating: You want less of the distracting nonsense that interferes with letting your portfolios work for you.
Most people spend too much time on irrelevant noise. They end up with too much information, but it is all of the wrong kind. They rely on anecdotes and narratives instead of data. And they easily confuse short-term concerns of traders with their much longer term investing goals.”