{"id":188203,"date":"2010-11-14T21:52:00","date_gmt":"2010-11-15T02:52:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/11\/14\/giving-great-hed\/"},"modified":"2010-11-14T21:52:00","modified_gmt":"2010-11-15T02:52:00","slug":"giving-great-hed","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/11\/14\/giving-great-hed\/","title":{"rendered":"Giving Great Hed"},"content":{"rendered":"<p>As in headline, not oral sex, is Barry Ritholtz, who, writing for Bloomberg, notes that one should, &#8220;<a href=\"http:\/\/www.bloomberg.com\/news\/2010-11-10\/kiss-your-assets-goodbye-if-certainty-reigns-commentary-by-barry-ritholtz.html\">Kiss Your Assets Goodbye When Certainty Reigns<\/a>.&#8221;<\/p>\n<p>His basic thesis is that when you have unanimity of opinion, the markets are almost always disastrously wrong:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>History teaches that whenever the opposite occurs &#8212; when certainty overwhelms uncertainty &#8212; the herd tends to be wrong. In rare instances, when there is a near-total lack of uncertainty in the market, the outcome is usually a spectacular disaster. <\/p><\/blockquote>\n<p>It&#8217;s a good read, and probably a very good investment strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As in headline, not oral sex, is Barry Ritholtz, who, writing for Bloomberg, notes that one should, &#8220;Kiss Your Assets Goodbye When Certainty Reigns.&#8221; His basic thesis is that when you have unanimity of opinion, the markets are almost always disastrously wrong: History teaches that whenever the opposite occurs &#8212; when certainty overwhelms uncertainty &#8212; &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1004,1002],"tags":[],"class_list":["post-188203","post","type-post","status-publish","format-standard","hentry","category-finance","category-good-writing"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188203"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=188203"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188203\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}