Ben Carlson, portfolio manager at Ritholtz Wealth Management and “A Wealth of Common Sense” blogger, this week compared some of the biggest names in personal...
Ben Carlson, portfolio manager at Ritholtz Wealth Management and “A Wealth of Common Sense” blogger, this week compared some of the biggest names in personal financial punditry to ESPN’s top blowhard Stephen A. Smith.
He called out Suze Orman specifically for one of her hot takes, in which she claims a daily Starbucks SBUX, -0.95% habit amounts to “peeing $1 million down the drain,” when it comes to retirement. Carlson acknowledged that Orman has, indeed, helped a lot of people over the years, but he also offered these words of caution: “Just remember much of what they’re telling you now is more about entertainment than advice.”The Stephen A. Smiths of Personal Finance by @awealthofcs https://t.co/b1WrX2FtFu Giving advice made @SuzeOrmanShow and @DaveRamsey rich and famous, which makes it harder for them to offer advice to normal people any more.
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