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 Read Quote
The beauty of diversification is it’s about as close as you can get to a free lunch in investing. Barry Ritholtz Read Quote
How are the cabs in your city? In Manhattan, where I work, they are rather awful. Barry Ritholtz Read Quote
Whenever I see a forecast written out to two decimal places, I cannot help but wonder if there is a misunderstanding of the limitations of the data, and an illusion of precision. Barry Ritholtz Read Quote
You can blow on the dice all you want, but whether they come up ‘seven’ is still a function of random luck. Barry Ritholtz Read Quote
When it comes to investing, there is no such thing as a one-size-fits-all portfolio. Barry Ritholtz Read Quote