Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: Barry Ritholtz: 'The less you do in times of distress, volatility, the better off you are'
Description: Barry Ritholtz, chairman and chief investment officer at Ritholtz Wealth Management, says that the best way to manage volatility is to "Stop looking at the week-to-week, month-to-month numbers and you focus on five-, 10 and 20-year returns because, really, if you're an investor, that's what you re putting your money away for." Ritholtz says that some of the market's current meltdown is "just mean reversion," with the stock market giving back the above-average returns it had during the bull market run, but the bulk of the problem is rising interest rates, rising costs of capital and credit and more that i...