Barry Ritholtz

When you buy anything with lots of leverage, it does not require a whole lot to go wrong to lose it all.

— Barry Ritholtz

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of…

— Barry Ritholtz

In social media, people cannot build big followings organically unless what they are putting out to the world has value.

— Barry Ritholtz

Gains in corporate profits depend in large part on accelerating global economic growth.

— Barry Ritholtz

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of…

— Barry Ritholtz

You can blow on the dice all you want, but whether they come up 'seven' is still a function of random luck.

— Barry Ritholtz

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund…

— Barry Ritholtz

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

— Barry Ritholtz

It is in your DNA to love a good story. You know, neat tales with heroes and villains and conflicts to resolve.…

— Barry Ritholtz

Whenever I see a forecast written out to two decimal places, I cannot help but wonder if there is a misunderstanding of…

— Barry Ritholtz

You want less of the annoying nonsense that interferes with your portfolios and more of the significant data that allow you to…

— Barry Ritholtz

The simple reality of life is that everyone is wrong on a regular basis. By confronting these inevitable errors, you allow yourself…

— Barry Ritholtz

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling…

— Barry Ritholtz

Shopmas now begins on Thanksgiving Day. Apparently, escaping the families you cannot stand to spend another minute with on Thanksgiving Day to…

— Barry Ritholtz

Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted…

— Barry Ritholtz

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

Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment.

— Barry Ritholtz

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

— Barry Ritholtz

History shows us that people are terrible about guessing what is going to happen - next week, next month, and especially next…

— Barry Ritholtz

Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to…

— Barry Ritholtz

We love a tale of heroes and villains and conflicts requiring a neat resolution.

— Barry Ritholtz

There is a shortage of doctors, and the American Medical Association is aiming to keep it that way.

— Barry Ritholtz

This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.

— Barry Ritholtz

To know whether stocks are cheap or pricey, we typically look at price-to-earnings ratio. Valuation is a tougher question than many folks…

— Barry Ritholtz

A well-designed 401(k) plan is an enormous competitive edge when recruiting and retaining employees.

— Barry Ritholtz

Forecasting is simply not a strength of the species; we are much better with tools and narrative storytelling.

— Barry Ritholtz

Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this…

— Barry Ritholtz

Often, investors will discover a manager after he's had a terrific run, usually when he lands on a magazine cover somewhere. Invariably,…

— Barry Ritholtz

Little white lies are told by humans all the time. Indeed, lying is often how we get through each day in a…

— Barry Ritholtz

A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon.…

— Barry Ritholtz

Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I…

— Barry Ritholtz

I find it funny that people who didn't think there was any inflation in the pipeline are now talking about stagflation. This…

— Barry Ritholtz

Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion…

— Barry Ritholtz

As investors, we want to believe we are smart, insightful and uniquely talented - even though we often fail to do the…

— Barry Ritholtz

Outcome is simply the final score: Who won the game; what numbers came up in a roll of the dice; how high…

— Barry Ritholtz

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

People who work in specialized fields seem to have their own language. Practitioners develop a shorthand to communicate among themselves. The jargon…

— Barry Ritholtz

'Excessive regulation in the banking reform bill will destroy a substantial part of our bond-distributing machinery. Can anyone expect that a step…

— Barry Ritholtz

Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the…

— Barry Ritholtz

Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high…

— Barry Ritholtz