Barry Ritholtz, Chief Executive Officer, Fusion IQ
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Barry Ritholtz, Chief Executive Officer, Fusion IQ 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 “Apprenticed Investor” columns at TheStreet.com, a series geared towards educating novice and intermediate investors. Mr. Ritholtz has published more formal market analyses at 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. In 2008-09, Ritholtz wrote the book Bailout Nation, which was published by Wiley in Summer 2009; In 2010, the updated paperback was published. Bailout Nation has become the best reviewed book on the bailouts to date. The New York Times called it “Irreverent,” and “an important book about a complicated subject, and yet you could still read it at the beach.” The Wall Street Journal noted “If you want to know how we got into this mess and what might still be coming, this is the book for you.” And Bloomberg praised it as “A valuable new contribution to our understanding of how we arrived at this sorry juncture.” Bailout Nation was named “Investment Book of the Year” by Stock Trader’s Almanac, and won a First Amendment Award for Outstanding Journalism: Best Book. Numerous media — USA Today, Miami Herald, Marketplace Radio — named it as one of the best finance/business books of 2009. In his day job, Mr. Ritholtz is CEO and Director of Equity Research at Fusion IQ, an online quantitative research firm. The firm makes its institutional strength number crunching available to individual traders and investors. This marks the first time an institutional grade quant research product is available to the public at an affordable price. Previously, Mr. Ritholtz was Chief Market Strategist for Maxim Group a New York Investment bank, managing over $5 Billion in clients assets. Ritholtz was honored to be the dedicatee of the The 2007 Stock Trader’s Almanac‘s 40th Anniversary edition. He is a sought after speaker, and regularly speaks to investor conferences, media panels and graduate Schools. Beyond his commentary and published articles, Mr. Ritholtz also authors The Big Picture — a leading financial weblog, generating several million page views per month. The Big Picture covers Investing & Trading to Macro Economics, and everything else in between. The blog has quickly amassed ~70 million visitors. The Big Picture, was featured in the 10th annual New York Times magazine “Year in Ideas,” under the topic DIY Economics, in 2010. Media accolades for The Big Picture have come from the NYT (“Trenchant economic commentary”), the WSJ (“What the In- Crowd Knows). The Journal cited The Big Picture as the Economic “Blog Insiders Read to Stay Current;” Business Week noted its “insightful calls on the direction of the stock market” (Blogging For Dollars). Hailed as a “bright and savvy fellow” by Alan Abelson’s Up and Down Wall Street column (Barron’s), and by CNBC’s Larry Kudlow, who called The Big Picture “very helpful and addictive — the best stock market blog there is.” Numerous traffic sites rank The Big Picture as one of the most trafficked Markets/Economic’s blogs on the web. Mr. Ritholtz performed his graduate studies at Yeshiva University’s Benjamin N. Cardozo School of Law in New York, where he focused on Economics, Anti-Trust and Corporate Law. He was a member of the Law Review, and graduated Cum Laude with a 3.56 GPA. His undergraduate work was at Stony Brook University, where on a Regents Scholarship, he focused on Mathematics and Physics, graduating with an Bachelor Arts & Sciences degree in Political Science. He was a member of the Stony Brook Equestrian Team, and competed successfully in the National Championships (1981) of the Intercollegiate Horse Show Association. In addition to writing the National Affairs column for the campus weekly (The Stony Brook Press), he was elected Vice-President of the student body. After passing the Bar exams in New York and New Jersey, Ritholtz practiced law for a few years, but became disenchanted with his career choice. He shifted his focus to technology and markets, has been an angel investor in early stage technology companies. He is on the Board of Directors of Democrasoft, whose Collaborize Classroom is radically remaking US education. He is also an investor in StockTwits, a Twitter based stock community. When not bemoaning the New York Knicks‘ all-too-frequent offensive lapses, Mr. Ritholtz is a vintage sports car enthusiast. He and his wife Wendy, an artist and teacher, live on the North Shore of Long Island, New York with monsters Max and Jackson. .