July 30, 2018· 30 min

Even The World's Greatest Investors Have Made Horrible Mistakes

Orality
Model
86%
Highly oral (epic poetry, sermons, hip-hop)

Speaker Breakdown

HostJoe Weisenthal(1,562 words)
M:94%
HostTracy Alloway(3,243 words)
M:28%
GuestMichael Batnick(1,044 words)
M:94%

Oral Indicators

Agonistic45%
very, basically, definitely
Engagement70%
you, our, your
Memory Aids100%
listen, now, well
Repetition100%
like (66x), people (41x), think (40x)
Parallelism92%
And I'm Tracy Alloway...., And, definitely, investors ten..., And every year, you get people...
Sound Patterns100%
67 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases10%
you know what, i mean, so to speak

Literate Indicators

Hedging10%
probably, maybe, could
Passive Voice6%
is invested, are supposed, was warren
Abstract Nouns12%
investment, position, business
Subordination5%
because, whereas, though
Sentence Length30%
Avg: 12.4 words/sentence
Word Complexity45%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style30%
435 personal pronouns found
Descriptive Style100%
basically, definitely, probably

Description

Here's some good news for investors: If you've ever made a disastrous trade, you're not alone. All of the greats have made horrible moves as well. On this week's Odd Lots podcast, we speak to Michael Batnick, the director of research at Ritholtz Wealth Management, and the author of a new book 'Big Mistakes: The Best Investors and Their Worst Investments.' We talk about great errors from the likes of Warren Buffett, Bill Ackman, Jesse Livermore and many others. In addition to going through their blunders, Batnick explains some basic lessons that investors can take away from these going forward in their own money moves. See omnystudio.com/listener for privacy information.