Category: Finance

Analysis

Transcript: Richard Thaler and Alex Imas on The Winner’s Curse

Market Expert Jan 21, 2026

The transcript from this week’s MiB: Richard Thaler and Alex Imas on The Winner’s Curse, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ Bloomberg Audio Studios,… Read More The post Transcript: Richard Thaler and Alex Imas on The Winner’s Curse appeared first on The Big Picture.

Analysis

MiB: Richard Thaler and Alex Imas on The Winner’s Curse

Market Expert Jan 18, 2026

This week, I speak with Richard Thaler and Alex Imas award winning economists and co-authors of “The Winner’s Curse: Behavioral Economics Anomalies“. We discuss the psychology of spending at auctions, and the effects of draft picks on NFL team spending. We also discuss the anomalies of human behavior and decision making that challenge… Read More The post MiB: Richard Thaler and Alex Imas on The Winner’s Curse appeared first on The Big Picture.

Analysis

Stocks, Bubbles & Market Myths

Market Expert Jan 17, 2026

Each quarter, I prepare a detailed deck and call for Ritholtz Wealth Management clients.1 I start with about 100 ideas and charts, then work them down to 30 charts in 30 minutes. (Shout out to Chart Kid Matt for his excellent assistance) Selecting lots of great charts is easy, but curating them into… Read More The post Stocks, Bubbles & Market Myths appeared first on The Big Picture.

Analysis

At the Money: Better Results By NOT Investing with Dictators!

Market Expert Jan 15, 2026

At The Money: Better Results By NOT Investing with Dictators, with Perth Toll, (January 14, 2026) Full transcript below. ~~~ About this week’s guest: Perth Toll is the founder of the Life and Liberty indexes and the creator of the Freedom 100 EM Index (symbol FRDM). She was named one of… Read More The post At the Money: Better Results By NOT Investing with Dictators! appeared first on The Big Picture.

Analysis

Transcript: Ben Hunt, co-founder Perscient

Market Expert Jan 14, 2026

The transcript from this week’s, MiB: Ben Hunt, co-founder Perscient, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ Bloomberg Audio Studios, podcasts, radio News. This… Read More The post Transcript: Ben Hunt, co-founder Perscient appeared first on The Big Picture.

Analysis

It’s Tariff Week! *

Market Expert Jan 13, 2026

* Hopefully… This is likely the week the Supreme Court issues a ruling on the IEEPA tariffs in place since April 2025 (excluding the 90-day suspension, and other sundry modifications, revisions, pauses, exemptions, etc.). As I noted from the start, this is a deeply flawed policy of questionable legality that was implemented haphazardly (my… Read More The post It’s Tariff Week! * appeared first on The Big Picture.

Analysis

Real Assets: How Not to Invest

Market Expert Jan 12, 2026

Yes, the HNTI podcast series continues in 2026 (albeit at a much slower pace) Barry Ritholtz, co-founder, chairman and CIO of Ritholtz Wealth Management, is out with a new book titled “How Not to Invest: The Ideas, Numbers, and Behavior that Destroy Wealth—and How to Avoid Them,” which he discusses along with his… Read More The post Real Assets: How Not to Invest appeared first on The Big Picture.

Analysis

MiB: Ben Hunt, co-founder Perscient

Market Expert Jan 11, 2026

This week, I speak with Ben Hunt is president and co-founder of Perscient, an AI research firm and software company that pioneered the use of language models and unstructured data analysis for investment strategies. We discuss how emerging narratives move a market, and how AI is revolutionizing Perscient’s computing power. He explains… Read More The post MiB: Ben Hunt, co-founder Perscient appeared first on The Big Picture.

Analysis

Michael Bloomberg: Building an Empire & Giving Away Billions

Market Expert Jan 8, 2026

How did a layoff lead to a revolution in financial data? Mike Bloomberg shares the story behind the Bloomberg Terminal, lessons from serving as NYC Mayor, and his philosophy on risk-taking and leadership: Step inside Bloomberg’s New York headquarters for a conversation with the man who built it all. Nicolai Tangen sits down with Michael… Read More The post Michael Bloomberg: Building an Empire & Giving Away Billions appeared first on The Big Picture.

Analysis

10 Tuesday AM Reads

Market Expert Jan 6, 2026

My morning train WFH reads: • Behind every influencer is an army of the influenced, many adrift in debt and mass-produced clutter. The platforms need influencers and influencers need audiences — but what the influenced need is not so simple. (The Verge) • Was Venezuela an Inside Job? All the questions and conspiracy theories you… Read More The post 10 Tuesday AM Reads appeared first on The Big Picture.

Analysis

Transcript: Stephanie Drescher, Apollo Chief Client and Product Development Officer

Market Expert Jan 6, 2026

The transcript from this week’s, MiB: Stephanie Drescher, Apollo Chief Client and Product Development Officer, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ Bloomberg Audio… Read More The post Transcript: Stephanie Drescher, Apollo Chief Client and Product Development Officer appeared first on The Big Picture.

Analysis

MiB: Stephanie Drescher, Apollo Chief Client and Product Development Officer

Market Expert Jan 4, 2026

This week, I speak with Stephanie Drescher, Apollo’s Chief Client and Product Development Officer and a member of the Firm’s Leadership Team. We discuss her start at JP Morgan, and why creating company culture is so crucial. We also discussed how Apollo manages performance and balance sheets. The increased interest in private… Read More The post MiB: Stephanie Drescher, Apollo Chief Client and Product Development Officer appeared first on The Big Picture.

Analysis

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Market Expert Jan 4, 2026

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Analysis

Surprising Innovation: The Technology of Live Radio

Market Expert Jan 3, 2026

Earlier this week, I mentioned how some media outlets completely biffed the end of the Howard Stern Show on Siruis XM radio. For too many reasons, they insisted the show was coming to an end. Instead, Sirius renewed Stern’s contract for another three years. That post led a buddy who is an industry… Read More The post Surprising Innovation: The Technology of Live Radio appeared first on The Big Picture.

Analysis

At the Money: Tax Management for Investors

Market Expert Jan 1, 2026

At The Money: Tax Management for Investors with Bill Artzerounian, RWM (December 31, 2025) There is still time to make some smart moves to reduce your 2025 taxes. You have to be proactive to take advantage of the latest changes in the One Big Beautiful Bill Act. But you better hurry – there… Read More The post At the Money: Tax Management for Investors appeared first on The Big Picture.

Analysis

10 New Years Day Reads

Market Expert Jan 1, 2026

My New Years Day reads: • Financial Discipline Is an Easy Resolution to Make, but a Hard One to Keep: We all say we want to save more and spend less. The key is to think more broadly. (Wall Street Journal) • Trump’s First Year Back, in 10 Charts: President Trump indisputably dominated 2025. Only the… Read More The post 10 New Years Day Reads appeared first on The Big Picture.

Analysis

10 New Year’s Eve AM Reads

Market Expert Dec 31, 2025

My morning train WFH reads: • The Unexpected Winner of Rising American Tariffs Is Mexico: Its exports to the U.S. have surged since President Trump imposed new duties on countries this year. (Wall Street Journal) • Earth Is Running Out of Sand … Which Is, You Know, Pretty Concerning: Sand is the second most-used resource after… Read More The post 10 New Year’s Eve AM Reads appeared first on The Big Picture.

Analysis

Nobody Knows Anything, Howard Stern Edition

Market Expert Dec 31, 2025

“The writing has “been on the wall for well over a year now” that SiriusXM wouldn’t be renewing Howard Stern’s colossal contract — and his employees have been taking advantage, “coasting” on the clock and trolling for new gigs, two current show staffers told The Post.” –New York Post Let’s delve… Read More The post Nobody Knows Anything, Howard Stern Edition appeared first on The Big Picture.