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Ben Carlson, Director of Institutional Asset Management at Ritholtz Wealth Management, described What I Learned Losing a Million Dollars as his favorite book on investor behavior.
Carlson added that the book is especially important for young investors and considers it the best he has read about learning lessons from the market.
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Carlson has highlighted recent developments in various market sectors. He noted this year’s 50% decline in Planet Fitness shares. He has also described rebalancing as a timely and straightforward strategy for investors in a recent post on portfolio management.