Best Barry Ritholtz Sayings
- You want less of the annoying nonsense that interferes with your portfolios and more of the significant data that allow you to become a less… Allow
- The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to… Bad
- Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error. Critical
- Markets are frequently ahead of, and often out of sync with, the economy. Ahead
- Whenever I see a forecast written out to two decimal places, I cannot help but wonder if there is a misunderstanding of the limitations of… Cannot Help
- It is in your DNA to love a good story. You know, neat tales with heroes and villains and conflicts to resolve. A good story… Buttons
- You have a natural tendency to want an emotionally satisfying tale - and to make investments based on that - despite times when the actual… Actual
- The simple reality of life is that everyone is wrong on a regular basis. By confronting these inevitable errors, you allow yourself to make corrections… Allow
- Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high - some say… All
- Getting more and more of our news from the social network is having significant repercussions for markets - and your money. From
- In social media, people cannot build big followings organically unless what they are putting out to the world has value. Big
- Twitter has become a group conversation of that type that used to take place on trading floors. Conversation
- With Twitter, you can build your own virtual trading floor and research department, populated by the smartest people on earth. Almost any subject or sector… Any
- Good investors must learn to contextualize the daily background noise. Background
- 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 is… Data
- Little white lies are told by humans all the time. Indeed, lying is often how we get through each day in a happy little bubble.… All
- As investors, we want to believe we are smart, insightful and uniquely talented - even though we often fail to do the heavy lifting, put… Achieve
- If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail. Approach
- Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting,… All
- In the investment business, you must expect to be wrong. Business
- Even when you are right, there are costs and taxes associated with being tactical. When you are wrong, there are opportunity costs. Associated
- If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although… Any
- We must recognize our own behavioral errors. To be blunt, you are not likely to become a cognitive Zen master anytime soon. But a little… Anytime
- Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified… Arises
- What you pay for an investment is the single biggest determinant for how successful that investment will be. When equity prices are high, your returns… Biggest