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Barry Ritholtz Quotes

Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future Picture Quote #1

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 will be lower. When they are cheap, your returns will be higher Picture Quote #1

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 enlightenment could keep you from making some common investing errors Picture Quote #1

We love a tale of heroes and villains and conflicts requiring a neat resolution Picture Quote #1

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 before it is too late Picture Quote #1

Outcome is simply the final score: Who won the game; what numbers came up in a roll of the dice; how high did a stock go. Outcome is the result, regardless of the method used to achieve it. It is not controllable Picture Quote #1

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Any investment bought via credit always runs the risk of margin calls and, eventually, liquidation Picture Quote #1

Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to ‘own’ them. This allows me to learn from them and, with any luck, avoid making the same errors again Picture Quote #1

Gains in corporate profits depend in large part on accelerating global economic growth Picture Quote #1

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 to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure Picture Quote #1

People forget that although we can pinpoint the price, we can only guess at future earnings. The past isn’t much help: It simply tells whether a market was pricey or cheap Picture Quote #1

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 portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities Picture Quote #1

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People who work in specialized fields seem to have their own language. Practitioners develop a shorthand to communicate among themselves. The jargon can almost sound like a foreign language Picture Quote #1

The beauty of diversification is it’s about as close as you can get to a free lunch in investing Picture Quote #1

Unlike cheap stocks, inexpensive asset classes have a lower chance of big drawdowns (broad asset classes don’t go to zero) and a higher probability of average or better returns Picture Quote #1

Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing Picture Quote #1

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 pushes our buttons, is exciting and memorable Picture Quote #1

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance Picture Quote #1

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Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public’s imagination Picture Quote #1

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 it is okay to be wrong, it is not okay to stay wrong Picture Quote #1

There is a shortage of doctors, and the American Medical Association is aiming to keep it that way Picture Quote #1

A well-designed 401(k) plan is an enormous competitive edge when recruiting and retaining employees Picture Quote #1

Shopmas now begins on Thanksgiving Day. Apparently, escaping the families you cannot stand to spend another minute with on Thanksgiving Day to go buy them gifts is how some Americans show their affection for one another. Weird Picture Quote #1

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 has you can think of, you can find a few people with an expertise in that area Picture Quote #1

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Content is king. When you are asking people to read you several times a day, you better have some fine content Picture Quote #1

Mutual fund managers want your money in their funds. They get paid based on assets under management Picture Quote #1

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 Picture Quote #1

Based on a lifetime of observations and a few decades in the markets, I understand that societies, beliefs and fashions all move in long arcs of time. We call these arcs several things: cycles, periods, eras Picture Quote #1

As investors, we want to believe we are smart, insightful and uniquely talented - even though we often fail to do the heavy lifting, put in the long hours, and make the uncomfortable but necessary decisions to achieve success Picture Quote #1

Even when you are right, there are costs and taxes associated with being tactical. When you are wrong, there are opportunity costs Picture Quote #1

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Friendship Quotes

Motivational Quotes

Inspirational Quotes

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Text Quotes

Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future. (Barry Ritholtz Quotes) 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 will be lower. When they are cheap, your returns will be higher. (Barry Ritholtz Quotes) 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 enlightenment could keep you from making some common investing errors. (Barry Ritholtz Quotes) We love a tale of heroes and villains and conflicts requiring a neat resolution (Barry Ritholtz Quotes) 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 before it is too late. (Barry Ritholtz Quotes) Outcome is simply the final score: Who won the game; what numbers came up in a roll of the dice; how high did a stock go. Outcome is the result, regardless of the method used to achieve it. It is not controllable. (Barry Ritholtz Quotes) Any investment bought via credit always runs the risk of margin calls and, eventually, liquidation (Barry Ritholtz Quotes) Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to ‘own’ them. This allows me to learn from them and, with any luck, avoid making the same errors again. (Barry Ritholtz Quotes) Gains in corporate profits depend in large part on accelerating global economic growth (Barry Ritholtz Quotes) 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 to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure. (Barry Ritholtz Quotes) People forget that although we can pinpoint the price, we can only guess at future earnings. The past isn’t much help: It simply tells whether a market was pricey or cheap. (Barry Ritholtz Quotes) 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 portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities. (Barry Ritholtz Quotes) People who work in specialized fields seem to have their own language. Practitioners develop a shorthand to communicate among themselves. The jargon can almost sound like a foreign language. (Barry Ritholtz Quotes) The beauty of diversification is it’s about as close as you can get to a free lunch in investing. (Barry Ritholtz Quotes) Unlike cheap stocks, inexpensive asset classes have a lower chance of big drawdowns (broad asset classes don’t go to zero) and a higher probability of average or better returns. (Barry Ritholtz Quotes) Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing ... (Barry Ritholtz Quotes) 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 pushes our buttons, is exciting and memorable. (Barry Ritholtz Quotes) Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance. (Barry Ritholtz Quotes) Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public’s imagination. (Barry Ritholtz Quotes) 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 it is okay to be wrong, it is not okay to stay wrong. (Barry Ritholtz Quotes) There is a shortage of doctors, and the American Medical Association is aiming to keep it that way (Barry Ritholtz Quotes) A well-designed 401(k) plan is an enormous competitive edge when recruiting and retaining employees. (Barry Ritholtz Quotes) Shopmas now begins on Thanksgiving Day. Apparently, escaping the families you cannot stand to spend another minute with on Thanksgiving Day to go buy them gifts is how some Americans show their affection for one another. Weird. (Barry Ritholtz Quotes) 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 has you can think of, you can find a few people with an expertise in that area. (Barry Ritholtz Quotes) Content is king. When you are asking people to read you several times a day, you better have some fine content. (Barry Ritholtz Quotes) Mutual fund managers want your money in their funds. They get paid based on assets under management. (Barry Ritholtz Quotes) 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 Quotes) Based on a lifetime of observations and a few decades in the markets, I understand that societies, beliefs and fashions all move in long arcs of time. We call these arcs several things: cycles, periods, eras. (Barry Ritholtz Quotes) As investors, we want to believe we are smart, insightful and uniquely talented - even though we often fail to do the heavy lifting, put in the long hours, and make the uncomfortable but necessary decisions to achieve success (Barry Ritholtz Quotes) Even when you are right, there are costs and taxes associated with being tactical. When you are wrong, there are opportunity costs. (Barry Ritholtz Quotes)

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