Helaine Olen on the Dark Side of Personal Finance

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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In our latest Masters in Business podcast, we speak with Helaine Olen, personal finance columnist for Slate and Inc. magazine.

Olen tells the story of how she accidentally began writing about personal finance, accepting a freelance assignment that turned into a career. We discuss her distaste for the “gurus, pundits, self-anointed experts, crackpots, cranks, and outright frauds who populate the backwaters and slipstreams of American finance.” You definitely want to hear what she has to say about personal finance sages such as Suze Orman, Dave Ramsey and Robert Kiyosaki. A graduate of Smith College, Olen is the author of "Pound Foolish: Exposing the Dark Side of the Personal Finance Industry," and co-author of "The Index Card: Why Personal Finance Doesn’t Have to be so Complicated."


You can stream the full podcast, or download it on Apple iTunesBloomberg, or SoundCloud. All of our earlier podcasts are at iTunesSoundcloud and Bloomberg.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

To contact the author of this story:
Barry Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net