Expect to Be Wrong in the Stock Market

Editor's note: This is the beginning of a special collection of previously published investing lessons from RealMoney contributor and market strategist Barry Ritholtz.

In the present-day realm of investing, the near obsessive focus on stock selection has obscured the "art" of investing. There is much, much more to buying and selling stocks than mere stock picking. Not that you could tell, based upon what's in the financial media.

This new column -- "The Apprenticed Investor" -- is all about making you a better investor. Not just a better stock picker, but someone who knows how to preserve capital and manage risk. ...