Smarter way to build wealth

Ritholtz: Investors should not ignore experienced commentators entirely, but they should be highly selective about whose advice they follow.

FOR many investors, the biggest threat to long-term returns is not a market crash, stubborn inflation or geopolitical shocks. Instead, it is often their own behaviour.

That is the central message from Barry Ritholtz, co-founder and chief investment officer of Ritholtz Wealth Management, who argues that avoiding costly mistakes is often a more reliable path to building wealth than chasing the next winning investment.