Let's hope this one works out better... Chair/CIO of RWM; Masters-in-Business podcast/radio host https://bsky.app/profile/ritholtz.bsky.socialhttps://bsky.app/profile/ritholtz.bsky.social/post/3mk4fch4pac2yWhyTF are taxpayers bailing out Spirit Airlines? https://www.wsj.com/business/airlines/trump-administration-nearing-rescue-deal-for-spirit-airlines-2f6a555622 Apr 2026 21:00 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mk4fch4pac2yhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjz6zo7vok26"The CIO of a pension fund explained that in his 14 years on the job, his fund had never been above the 27th percentile or below the 47th percentile. It was solidly in the second quartile of pension funds. As a result, for 14 years, he was in the 4th percentile." -Howard Marks, Oaktree Capital21 Apr 2026 14:29 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjz6zo7vok26https://bsky.app/profile/ritholtz.bsky.social/post/3mju43acddc2d"The person who approaches a problem like an opportunity has an advantage that the person who sees an obstacle will never understand." -Shane Parrish19 Apr 2026 13:53 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mju43acddc2dhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjsgpg7pqc2vTHIS IS A FANTASTIC STORY How TTI and Stanley Black & Decker took the same playbook in opposite directions. https://www.worseonpurpose.com/p/your-power-tools-got-worse-on-purpose18 Apr 2026 21:58 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjsgpg7pqc2vhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjrhaw7cu22jThe extended range EVs date back to the 1900s; a more recent list would include: GM EV1 hybrid Renault Kangoo Chevrolet Volt Opel/Vauxhall Ampera Fisker Karma BMW i3 REx Cadillac ELR It's a surprisingly old yet effective technology that dates back a century https://www.theatlantic.com/technology/2026/04/extended-range-electric-vehicle-pickup-trucks/686811/18 Apr 2026 12:35 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjrhaw7cu22jhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjpybwpwfc2cThis week in "Nobody Knows Anything" "In a new report, the World Bank thinks better of its old free-market absolutism." https://www.theatlantic.com/ideas/2026/04/world-bank-industrial-policy/686820 https://www.theatlantic.com/ideas/2026/04/world-bank-industrial-policy/686820/?utm_campaign=work-in-progress&utm_content=20260417&utm_source=newsletter&utm_medium=email&lctg=61d65e56bc55eb27972f1c94&utm_term=Work%20in%20Progress17 Apr 2026 22:35 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjpybwpwfc2chttps://bsky.app/profile/ritholtz.bsky.social/post/3mjmhpvw3ck2yLots of bonus cash, too little supply: "Median sales price for the Hamptons surged 18.3% annually to $2.4m - highest on record For the 3rd time in 5 quarters, a new high was reached. Avg sales price surged 34% to $4.3m highest on record -Jonathan Miller https://housingnotes.com/p/the-1q26-record-hamptons-story-continues16 Apr 2026 13:00 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjmhpvw3ck2yhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjkcvwiqak2z"…I’m not absolutely sure of anything, and there are many things I don’t know anything about." -Richard Feynman https://jillianhess.substack.com/p/richard-feynmans-notes-for-self-education15 Apr 2026 16:29 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjkcvwiqak2zhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjflow5zvs2cMost people looking to invest focus on what to invest in or how to do it, but the real key to success is knowing what NOT to do. You need road map to smarter decisions & fewer regrets. How Not to Invest available in paperback format in the US from May 5th! Pre-order here lnk.to/hownottoinvest13 Apr 2026 19:23 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjflow5zvs2chttps://bsky.app/profile/ritholtz.bsky.social/post/3mjd7oqmsnc2dThe Great Mental Models by Shane Parrish just arrived! I am now fully prepared for summer beach reading~12 Apr 2026 20:42 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjd7oqmsnc2dhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjchx45cx22hOngoing scam is 13F scraping of stock changes -- ours are all Direct Index, and not opinions on individual stocks -- then falsifying quotes about it No, I have not endorsed $GILD or any other stock NATIONAL TODAY are the latest grifters to be pushing this... https://ritholtz.com/2023/04/buy-this-sell-that-please-dont/12 Apr 2026 13:38 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjchx45cx22hhttps://bsky.app/profile/ritholtz.bsky.social/post/3mjaywff6us22Spectacular example of Beaux-Arts architecture ( French Renaissance Revival?) at 74th & Broadway11 Apr 2026 23:36 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mjaywff6us22https://bsky.app/profile/ritholtz.bsky.social/post/3mj7rnrz6n22fReminder: NYT OpEd columnist Ross Douthat is not a great writer, but he compensates for this by endorsing terrible ideas... This nonsense was one year ago: Tariff Instability May Be Worth It. Here’s Why. https://www.nytimes.com/2025/04/10/opinion/ross-douthat-interesting-times.html11 Apr 2026 11:53 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mj7rnrz6n22fhttps://bsky.app/profile/ritholtz.bsky.social/post/3mj5dlvomlc27Battery costs have declined by 99% in the last three decades, making electrified transport a reality. https://ourworldindata.org/battery-price-decline10 Apr 2026 12:37 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mj5dlvomlc27https://bsky.app/profile/ritholtz.bsky.social/post/3miwemeqcfk2nSo, you say betting on the end of the world is not a good trade...? Polymarket Removes Betting Market on Nuclear Detonation. https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-03-04-2026/card/polymarket-removes-betting-market-on-nuclear-detonation-yL1mTyAiMKUvrBzznQPH07 Apr 2026 18:06 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3miwemeqcfk2nhttps://bsky.app/profile/ritholtz.bsky.social/post/3mitzdziotk25Not an encouraging sign... this is a solid indicator of future airline prices and CPI inflation. https://www.airlines.org/dataset/argus-us-jet-fuel-index/06 Apr 2026 19:39 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mitzdziotk25https://bsky.app/profile/ritholtz.bsky.social/post/3mito434y722bIf you are solely focused on generating better returns through stock picking and/or market timing, you are leaving a TON OF MONEY on the table. Get smarter about the many ways you can substantially improve your net, after-tax, total returns... https://ritholtz.com/2026/04/evolution-of-alpha/06 Apr 2026 16:18 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mito434y722bhttps://bsky.app/profile/ritholtz.bsky.social/post/3milxghztdk2bWe are coming to San Francisco! Come talk to us about the Evolution of Alpha, and what this means for your long-term financial health. https://ritholtz.com/2026/04/evolution-of-alpha/03 Apr 2026 14:43 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3milxghztdk2bhttps://bsky.app/profile/ritholtz.bsky.social/post/3miqxthg6xk2aRising Interest Rates Was An Unforced Error. via @jonathanjmiller.bsky.social • Tariffs are inflationary • Placing political pressure on the Fed to slash interest rates is inflationary. • Wars and random bombing of countries are inflationary https://housingnotes.com/i/193188202/rising-interest-rates-was-an-unforced-error05 Apr 2026 14:34 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3miqxthg6xk2ahttps://bsky.app/profile/ritholtz.bsky.social/post/3milxghztdk2bWe are coming to San Francisco! Come talk to us about the Evolution of Alpha, and what this means for your long-term financial health. https://ritholtz.com/2026/04/evolution-of-alpha/03 Apr 2026 14:43 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3milxghztdk2bhttps://bsky.app/profile/ritholtz.bsky.social/post/3miltby4ng22b"In a surprise twist, the Epstein files released the attorney general.”  -Jon Lovett03 Apr 2026 13:29 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3miltby4ng22bhttps://bsky.app/profile/ritholtz.bsky.social/post/3milrbekd3c2tI am aghast listening to people on TV discuss the NFP report of 178k as "Blowout numbers." This is an okay number, not as bad as some recent data points, not as good as others. Call it the soft prejudice of low expectations...03 Apr 2026 12:53 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3milrbekd3c2thttps://bsky.app/profile/ritholtz.bsky.social/post/3mijin5qcic2hAmazing flight experience for a lucky few: https://www.instagram.com/reel/DWnO3IgjUrv/02 Apr 2026 15:13 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mijin5qcic2hhttps://bsky.app/profile/ritholtz.bsky.social/post/3mij7koqsz22w1-year Anniversary of Liberation Day: -US foreign direct investment is lower -US factories employ 89,000 fewer people -US goods trade deficit is UP 2% -Treasury collected billions but must return it -Inflation elevated. -Every court + SCOTUS found them unconstitutional https://www.npr.org/2026/04/02/nx-s1-5766424/trump-tariffs-inflation-economy02 Apr 2026 12:31 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mij7koqsz22whttps://bsky.app/profile/ritholtz.bsky.social/post/3mifglwnde22hWelcome to the story of the Silicon Shield. Fascinating video on how Taiwan turned its biggest geographical weaknesses into a global monopoly that no one else has been able to copy. On an island with earthquakes, no freshwater and a hostile superpower 100 miles away? https://youtu.be/UWBrzzd1_yg?si=xfZrso9Y_F9awsn_01 Apr 2026 00:26 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mifglwnde22hhttps://bsky.app/profile/ritholtz.bsky.social/post/3mif6zu6jgc2bThere oughta be a law...31 Mar 2026 22:11 +0000at://did:plc:ldxdbv2cclglgrash5n3qglx/app.bsky.feed.post/3mif6zu6jgc2b