Michael Batnick

6 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Oct 8, 2018 by Michael Batnick · said 4 times in 2 episodes since 2017 · across every show →

On the record as a speaker too: Michael Batnick's record, appearances and statements → this page counts the times other people say the name.

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brought up most by Josh Brown (3), Ted Seides (1)

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Everything said about Michael Batnick, oldest first

Oct 8, 2018
Insight
Batnick: Legendary investment mistakes stem from emotion, not valuation errors
“But one common theme that we all make mistakes on is the emotional side. Like none of these mistakes were because somebody used too aggressive of a growth assumption or an inappropriate discount rate or didn't understand the business. It was always like either…”
Michael Batnick Oct 8, 2018 ▶ 19:45 Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71)
Oct 8, 2018 neutral
Insight
Batnick: Even the best analysts face limits with value investing
“You could be the best business analyst in the world, and you might have a great long-term track record and things might be okay, but there are limits to value investing, obviously.”
Michael Batnick Oct 8, 2018 ▶ 13:02 Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71)
Oct 8, 2018 negative
Insight
Investment backtests are bullshit because nobody publishes the failing ones
“Because when you show, you know, the back tests, which I think are, you know, back tests are bullshit. This looks amazing, of course. We're not, nobody's going to implement a strategy with a bad back test.”
Michael Batnick Oct 8, 2018 ▶ 27:01 Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71)
Oct 8, 2018 neutral
Assertion Supported
Batnick: Only one of four Ritholtz partners is a full-time advisor
“And I think we're unique in the sense that of the four partners of the firm, only one is a full-time financial advisor.”
Michael Batnick Oct 8, 2018 ▶ 28:29 Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71)
Oct 8, 2018 negative
Insight
Batnick: Hindsight '$10K invested' charts ignore the emotional pain of holding
“I think that looking at the growth of a dollar, you know, a lot gets lost in the charts, the emotions of it and what it took to hold on. I just think that like people that are, oh, if I should have bought Amazon, I knew it. No, you didn't. If you did, you woul…”
Michael Batnick Oct 8, 2018 ▶ 31:13 Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71)
Oct 8, 2018 bullish
Insight
Batnick: Momentum and Trend-Following Can Never Be Arbitraged Away
“Rising prices attract buyers and falling prices attract sellers. And it is literally that simple. And I don't care how many computers or geniuses get involved. That alone can never be arbed away.”
Michael Batnick Oct 8, 2018 ▶ 27:46 Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71)
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