Barry Ritholtz

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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
Collection: Thanksgiving
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The way we finance homes in this country is slow, filled with middlemen, who run a nonstandardized evaluation process. This makes financing a home cumbersome and difficult.
- Barry Ritholtz
Collection: Finance
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I credit Google for having the foresight to identify threats to its main business of selling advertising against search results. The potential loss of market share in the mobile space led them to the Android acquisition.
- Barry Ritholtz
Collection: Space
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The beauty of diversification is it's about as close as you can get to a free lunch in investing.
- Barry Ritholtz
Collection: Beauty
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There is a shortage of doctors, and the American Medical Association is aiming to keep it that way.
- Barry Ritholtz
Collection: Medical
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The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don't work out and don't increase shareholder value.
- Barry Ritholtz
Collection: Work Out
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This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.
- Barry Ritholtz
Collection: Beautiful
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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 investors.
- Barry Ritholtz
Collection: Intelligent
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Never forget this simple truism: Forecasting is marketing, plain and simple.
- Barry Ritholtz
Collection: Simple
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Salesmen always need something to sell.
- Barry Ritholtz
Collection: Needs
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If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.
- Barry Ritholtz
Collection: Accountability
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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
Collection: Years
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You can blow on the dice all you want, but whether they come up seven is still a function of random luck.
- Barry Ritholtz
Collection: Blow
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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
Collection: Mistake
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One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
- Barry Ritholtz
Collection: Accountability
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Returnless risk is not how you prepare for a decent retirement.
- Barry Ritholtz
Collection: Retirement
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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
Collection: Zero
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History is replete with examples of tech firms that were marginalized by new companies and technologies.
- Barry Ritholtz
Collection: Technology
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For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.
- Barry Ritholtz
Collection: Men
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'Excessive regulation in the banking reform bill will destroy a substantial part of our bond-distributing machinery. Can anyone expect that a step of this kind will improve the quality of our long-term investments?'
- Barry Ritholtz
Collection: Long
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I find it funny that people who didn't think there was any inflation in the pipeline are now talking about stagflation. This is nothing like the 1970's, which was a pretty dismal period and not just because of polyester and disco.
- Barry Ritholtz
Collection: Thinking
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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
Collection: Intellectual