It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what… — Barry Ritholtz Copy Share Image
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of… — Barry Ritholtz Copy Share Image
Markets are frequently ahead of, and often out of sync with, the economy. — Barry Ritholtz Copy Share Image
This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan. — Barry Ritholtz Copy Share Image
Yearly data put the rest of the noise into perspective. Most of the weekly or monthly random up-and-down movements get smoothed out.… — Barry Ritholtz Copy Share Image
What you pay for an investment is the single biggest determinant for how successful that investment will be. When equity prices are… — Barry Ritholtz Copy Share Image
Any investment bought via credit always runs the risk of margin calls and, eventually, liquidation. — Barry Ritholtz Copy Share Image
Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment. — Barry Ritholtz Copy Share Image
The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them… — Barry Ritholtz Copy Share Image
Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion… — Barry Ritholtz Copy Share Image
When it comes to investing, there is no such thing as a one-size-fits-all portfolio. — Barry Ritholtz Copy Share Image
Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high… — Barry Ritholtz Copy Share Image
Good investors must learn to contextualize the daily background noise. — Barry Ritholtz Copy Share Image
Most of the time, economic data is fairly benign. I don't wish to imply it is meaningless, but it is not a… — Barry Ritholtz Copy Share Image
Secular cycles are the long periods - as long as decades - that come to define each market era. These cycles alternate… — Barry Ritholtz Copy Share Image
If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be… — Barry Ritholtz Copy Share Image
Based on a lifetime of observations and a few decades in the markets, I understand that societies, beliefs and fashions all move… — Barry Ritholtz Copy Share Image
The beauty of diversification is it's about as close as you can get to a free lunch in investing. — Barry Ritholtz Copy Share Image
When markets are rallying, cash in the portfolio is a drag on performance, returning about zero. — Barry Ritholtz Copy Share Image
Hedge funds are not especially liquid. Many are 'gated' - meaning there are only small windows when you can withdraw your money.… — Barry Ritholtz Copy Share Image
The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund… — Barry Ritholtz Copy Share Image
If you think too-big-to-fail banks are not worthy of investment because of their impossible-to-read balance sheets, well then, don't buy them. — Barry Ritholtz Copy Share Image
People forget that although we can pinpoint the price, we can only guess at future earnings. The past isn't much help: It… — Barry Ritholtz Copy Share Image
Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible… — Barry Ritholtz Copy Share Image
Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term… — Barry Ritholtz Copy Share Image
It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going… — Barry Ritholtz Copy Share Image
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use… — Barry Ritholtz Copy Share Image
The electronics industry expanded rapidly and the seeds for the semiconductor and software revolution were planted. The postwar period also saw the suburbanization of… — Barry Ritholtz Copy Share Image
Footage of people camped out at Best Buy or elsewhere is not remotely a celebration. Rather, it's a reminder of just how economically distressed… — Barry Ritholtz Copy Share Image
Markets are frequently ahead of, and often out of sync with, the economy. — Barry Ritholtz Copy Share Image
Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error. — Barry Ritholtz Copy Share Image
This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan. — Barry Ritholtz Copy Share Image
Yearly data put the rest of the noise into perspective. Most of the weekly or monthly random up-and-down movements get smoothed out. Ultimately, this… — Barry Ritholtz Copy Share Image
A number of bloggers in economics and the financial sector have risen to prominence through the sheer strength of their work. Note it was… — Barry Ritholtz Copy Share Image
TV producers want ratings and are willing to do nearly anything to get them. They gin up artificial conflicts and create an urgency for… — Barry Ritholtz Copy Share Image
