Markets
Animal Spirits
Markets and personal-finance discussion · The Compound
An informal discussion of markets, money, and investor behavior.
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Perimeter People / Managing partner, Ritholtz Wealth Management
Michael Batnick
Michael Batnick is a managing partner at Ritholtz Wealth Management and co-host of Animal Spirits with Ben Carlson. He writes The Irrelevant Investor and also appears on The Compound and Friends and What Are Your Thoughts? His book, Big Mistakes: The Best Investors and Their Worst Investments, studies costly errors made by prominent investors and the lessons they offer. Batnick’s work connects professional investing, financial writing and conversations about markets and everyday life.
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Markets
The Compound and Friends
Roundtable · The Compound
Josh Brown and Michael Batnick bring investors and market commentators into a lively discussion of stocks, financial news, portfolio decisions, and the stories moving Wall Street.
Best forInvestors who follow market news and want an informal discussion of competing explanations, with practical observations from advisers and professional investors.
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Newsletters & writing
Investing
The Irrelevant Investor
Michael Batnick’s market commentary combines charts, investor psychology and a practitioner’s perspective on the mistakes, emotions and decisions that influence investment outcomes over time.
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Profile checked September 18, 2026. Editorial notes are Perimeter’s interpretation.