Barry Ritholtz Quotes

Our deals and performance speak for themselves. And whoever doesn't feel comfortable investing with us will not.

Venture-capital firms invest in trends by projecting returns. But most projections are pretty much bogus, and research shows that experts are no better at predicting the future than dart-throwing monkeys.

I sell these intermediate bond portfolios for people that can't go to stocks.

If the country is to flourish, capital must be invested in enterprise. But those who seek to draw upon other people's money must be wholly candid regarding the facts on which the investor's judgment is asked.

There is enourmous pressure in the investment business to deliver good news. Good news sells better ….To go out there in a bubble and talk about overpriced markets is an invitation to get fired.

Any time an investment company has to spend heavily on advertising, it's probably a bad business in which to invest.

The individual dynamics going on within a venture fund are critically important to you. Unfortunately, they're also very opaque.

We believe the size is almost irrelevant to investment success. Our size has certainly not diminished our enthusiasm for investing in our funds, our ability to find or create opportunities, or our performance outlook.

I don't think you should put all your money in one place. It must be invested in different investments.

In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well. It seems, perhaps, that the longer and longer you keep at it in this business the more and more time you have to expose your Achilles heel - wherever and whatever that might be.

I made a tremendous amount of money on real estate. I'll take real estate rather than go to Wall Street and get 2.8 percent. Forget about it.

There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two, mutual funds were allowed to invest in other mutual funds.

It's no secret that big institutional investors have a lot of advantages on Wall Street. They get the first chance to buy hot initial public offerings. They get to meet in person with companies' managements.

Your initial instincts about investments and people are usually correct. We do a lot of due diligence in this business and most of the time it comes out where we started.

Great investments may look crazy but really may not be.

Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about to kick in.

Normally I would not recommend a book that tells you how to make money in the stock market. Most of these books are aimed at gullible folk, and they usually make much more money for their authors than they do for the investing public.

I thought if we could put our hard-working culture as traders into the asset management, it will be a great combination, and we did do that.

Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed.

Guys like me on the investor side are a dime a dozen.

The best investments are the easiest ones to approve.

There's so much disagreement about investing, and it's because nobody really knows.

At the end of the day, VCs have to provide their limited partners with great returns, or they aren't going to be able to raise another fund.

Mutual funds with superior performance records often falter.

When you get into investing, your default stance should be 'No,' because most deals suck. Most deals won't make money. Most companies will fail.