Bio
Barry Ritholtz
Barry L. Ritholtz is one of the few strategists who saw the the coming housing implosion and derivative mess far in advance. Ritholtz issued warnings about the market collapse and recession in time for his clients and readers to seek safe harbor.
Dow Jones Market Talk noted that many market observers predict tops and bottoms, but few successfully get their timing right. Jeremy Grantham and Barry Ritholtz sit in the latter category. For the prescience of his market calls in 2009, he was named Yahoo Tech Ticker's Guest of the Year. (A summary of major market calls can be found here) His observations are unique in that they are the result of both quantitative data AND behavioral economics.
In 2010, Barry L. Ritholtz was named one of the "15 Most Important Economic Journalists" in the United States. Ritholtz writes a column on Investing for the Washington Post (His WaPo columns are here); he also contributes occasional column to Barron's and Bloomberg (See The Myth of Uncertainty). Previously, he authored the popular "An Apprenticed Investor" columns at TheStreet.com, a series geared towards educating novice and intermediate investors. Mr. Ritholtz has published more formal market analyses at the Wall Street Journal, Barron's, The Economist, and RealMoney.com. Mr. Ritholtz is a frequent commentator on economic data and financial markets. He is a regular guest on CNBC, Bloomberg, Fox, CNN, ABC, CBS, NBC, PBS, MSNBC, and C/SPAN. He has appeared on numerous shows, including Nightline, ABC World News Tonight, NBC Nightly News with Brian Williams, Fast Money, Kudlow & Co, and Power Lunch, and has guest-hosted Squawk Box on numerous occasions. He appears regularly on radio for Bloomberg, NPR, CBS, and other broadcasters.
Ritholtz has been profiled in the Wall Street Journal's Quite Contrary column (August 3, 2004; Page C3), and was the subject of a Barron's interview, titled A Leading Bear Turns Bullish, Sort of (December 8, 2008) and again in the Fall of 2010 Ritholtz is Modestly Bullish Again (October 26, 2010). His market perspectives are quoted regularly in the New York Times, Wall Street Journal, Barron's, GQ, Forbes, Fortune, Smart Money, Kiplingers, and other print media.
Encyclopædia Britannica Article
- stock exchange
Organized market for the sale and purchase of securities (see security) such as stocks and bonds. Trading is done in various ways: it may occur on a continuous auction basis, it may involve brokers buying from and selling to dealers in certain types of stock, or it may be conducted through specialists in a particular stock. Some stock exchanges, such as the New York Stock Exchange (NYSE), sell seats (the right to trade) to a limited number of members who must meet eligibility requirements. Stocks must likewise meet and maintain certain requirements or risk being delisted. Stock exchanges differ from country to country in eligibility requirements and in the degree to which the government participates in their management. The London Stock Exchange, for example, is an independent institution, free from government regulation. In Europe, members of the exchanges are often appointed by government officials and have semigovernmental status. In the U.S., stock exchanges are not directly run by the government but are regulated by law. Technological developments have greatly influenced the nature of trading. In a traditional full-service brokerage, a customer placed an order with a broker or member of a stock exchange, who in turn passed it on to a specialist on the floor of the exchange, who then concluded the transaction. By the 21st century, increased access to the Internet and the proliferation of electronic communications networks (ECNs) altered the investment world. Through e-trading, the customer enters an order directly on-line, and software automatically matches orders to achieve the best price available without the intervention of specialists or market makers. In effect, the ECN is a stock exchange for off-the-floor trading.
- stock exchange on britannica.com
© 2010 Encyclopædia Britannica, Inc.
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