Asset Quote by Barry Ritholtz
“No one knows what the top-performing asset class will be next year. Lacking this prescience, your next-best solution is to own all of the classes and rebalance regularly.”
About This Quote
Source Book: The Big Money, 2021
Because future asset performance is unpredictable, diversifying across all classes and rebalancing is a prudent hedge.
In simple terms: Diversify and rebalance to manage uncertainty.
Own broadly, rebalance often.
Themes
Mood
Type
When to use this quote
- retirement planning
- market volatility
- financial advising
- wealth building
Key Concepts
Questions to Reflect On
- How comfortable are you with broad exposure?
- What rebalancing frequency suits you?
Diversification may dilute high‑return opportunities.