“You can blow on the dice all you want, but whether they come up seven is still a function of random luck.” Quote by Barry Ritholtz
“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.” MistakeHappenedLuckErrorsInvestorsSelectiveRetention Author:Barry Ritholtz
“If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.” IfsDumbAccountabilityPredictionsTrash Author:Barry Ritholtz
“Never forget this simple truism: Forecasting is marketing, plain and simple.” SimpleForgetMarketingNever ForgetTruismPlain And SimpleForecasting Author:Barry Ritholtz
“One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.” SaidOne ThingPressesFinancialNonsenseAccountabilityPenaltiesDetest Author:Barry Ritholtz
“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.” LittlesUseNewsIntelligentFolksInvestorsCharmingEconomistEngagingGood NewsBad News Author:Barry Ritholtz
“Returnless risk is not how you prepare for a decent retirement.” RiskDecentRetirement Author:Barry Ritholtz
“I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.” WantCountryUsedGrowthTermProjectsInvestmentDebtFinanceZoneEuro Author:Francois Hollande
“Until the L.A. market is settled, I don't think there's any other market out there that stands a chance.” ThinkingChance Author:Andrew Zimbalist
“I don't think baseball can abandon the Miami market. If MLB does let that market go vacant, I think it'll be one of the biggest mistakes they ever made.” IfsThinkingDoeMadeMistakeBaseballAbandonMiamiVacantBiggest MistakeMlb Author:Andrew Zimbalist