Barry Ritholtz, Columnist

Are All Traders Useless Morons?

Let’s face it: You suck at investing. Your adviser sucks at investing, too.

January 2, 2014 at 8:17 AM EST

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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Over the holiday vacation, I try to kick back a bit, unwind, recharge the batteries. But I still scan my favorite media sources and blogs for interesting ideas.

One that stood out was a short post from Greg Harmon of Dragonfly Capital. Titled "We Are All Useless Morons that Suck," it actually made me laugh out loud. Greg fearlessly pointed out a truth that is ignored by all too many investors: This trading thingie is really not your forté:

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