The Art of Calling a Market Top

<p>"This is important to all top-callers. If you manage capital for clients, your top call will raise all sorts of issues with them. You certainly can’t be long the markets after your top call.&nbsp;<a href="https://www.bloomberg.com/view/articles/2014-12-16/no-room-for-feelings-in-the-market" rel="noopener noreferrer" target="_blank">Remember</a>&nbsp;what the great Barton Biggs, Morgan Stanley’s former strategist, said: “Bullish and wrong and clients are angry; bearish and wrong and they fire you.” -&nbsp;<strong>Barry Ritholtz</strong></p><br><p>For more visit:&nbsp;<a href="https://ritholtz.com/2017/10/call-market-top-2/" rel="noopener noreferrer" target="_blank">The Big Picture</a></p><br><p>For disclosure information please visit:&nbsp;<a href="https://ritholtzwealth.com/blog-disclosures/" rel="noopener noreferrer" target="_blank">https://ritholtzwealth.com/blog-disclosures/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>