Last week, I jumped on the phone with J.C. Parets to discuss behavior and technical analysis on his podcast called Technical Analysis Radio. Specifically, how we can track investor attitude and behavior — mindset — via charts. JC started the digital recorder and just held on for dear life as a rambled on and on . . .
Here is JC’s write up:
This week on the podcast we have the “Blog-Father” Barry Ritholtz. Barry’s Big Picture Blog has been a must read for me going back to 2006. He was one of the only voices of reason throughout 2007-2008 warning everyone of the coming collapse in stocks. He is also the author of one of my favorite books on that period, “Bailout Nation“. Today, Barry is the Chairman and Chief Investment Officer of RWM, the hottest wealth management firm in the world right now. In this episode, Barry takes us back 20 years to his early blogging days, he tells us what it was like covering the financial crisis in 2008 and then writing a book about it. Today he’s focused more of his attention on behavior finance and I really enjoyed some of his examples about our flaws and what we can do about them. We discussed a lot during this podcast: Emotional responses, evolutionary traits and the stupidity of people. Barry hosts one of the best podcasts in finance, Bloomberg’s Masters In Business, so it was nice to flip the script and pick his brain for an hour. Enjoy!