One of the misconceptions around writing is that you need to publish it for it matter. The main benefit of writing is to get the thoughts in your head onto paper. Only then can you begin to grapple with your thoughts.*

Morgan Housel in conversation with Jim O’Shaughnessy said:

I don’t know if there’s a trick other than just saying you should write, everyone should write. Even if it’s just a journal that no one else is reading, but you, it’s good, because writing is what transfers gut feelings into the real world.That’s what writing really does to you.

This is especially important when it comes to investing. Real money is on the line. Darius Foroux writes:

If you go over your investment decisions in your mind, you miss the bigger picture. When you write down your thoughts, you find out whether you’ve done your homework or not.

If you can’t answer the questions in a clear, credible, and persuasive way, it means you probably shouldn’t allocate money to an investment opportunity.

When you write for yourself, you are in presumably touching on topics of interest. If you are able to answer some question, you are giving yourself (and others) advice. Lawrence Yeo writes:

When it comes to finding ideas to write about, it has less to do with an external search and more of an internal one. You can spend the next week reading a lot of books, and still feel like you have nothing to write about. But if you spend the next week asking yourself why you write and listing the tangential problems that emerge from that line of questioning, then there will be so much for you to address.

If you view writing through this lens you will never run out of worthy topics. Writing isn’t always fun. This is because the topics themselves aren’t all that fun. Pushing through is the reward. Here’s hoping that on the other side is some good advice.

*Many creative-types swear by ‘morning pages’ made popular in The Artist’s Way by Julia Cameron.

**Came across this tweet since publishing:


This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.