Invisible Hand
April 15, 2005 9:30am by Barry Ritholtz
This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/
What's been said:
Discussions found on the web:Posted Under
Previous Post
Gaining and Declining Industries
Wonderful, New Yorker :)
Provocative but wrong. The less humorous but correct cartoon would show the the market shrugging its shoulders saying “That’s life.” People have to avoid falling into the trap of the personalizing the market (for stocks, jobs, goods etc.) It does’t know you and frankly, doesn’t concern itself with you. It owes you nothing. Once you accept that, you can get over it and get at it.
lol, “dude, can i buy that in bumpersticker form?” as for andy, i can only think of the wise words of principle chalmers “jeez, the rod up that guys butt must have a rod stuck up its butt.” as for the invisible hand, (here’s a nod toward the communitarians) its all of us. so why not just toss out a few small short lines, and add if things get worse. because of free voluntary exchange, we can also protect ourselves from the inevitble “middle finger.”
So when the market tanks is it a poor excuse for a poor investment, a general market failure or just fate?