Barry Ritholtz Quotes & Sayings (Page 6)

“We love a tale of heroes and villains and conflicts requiring a neat resolution.”

“When it comes to investing, there is no such thing as a one-size-fits-all portfolio.”

“When it comes to investing, you are your own worst enemy.”

“When markets are rallying, cash in the portfolio is a drag on performance, returning about zero.”

“When you buy anything with lots of leverage, it does not require a whole lot to go wrong to lose it all.”

“A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years.”

“Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term to describe portfolios that have been assembled for purposes other than serving the clients' best interests.”

“Any time you speak to people about their posture, you learn about their most recent investment activity. When someone just bought stocks, they tend to be bullish; someone who just sold is bearish.”

“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.”

“Asset managers have different approaches, and I don't wish to suggest there is only one way to run money. There are many ways one can attempt to reduce risk, improve performance, lower drawdowns and reduce volatility.”