“History is replete with examples of tech firms that were marginalized by new companies and technologies.” Quote by Barry Ritholtz
“You can blow on the dice all you want, but whether they come up seven is still a function of random luck.” WantStillsFunctionLuckSevenCome UpBlowDice Author: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