Barry Ritholtz Quotes

Leave no stone unturned to help your clients realize maximum profits from their investment.

I almost always recommend investors get fully invested, since it's better to put your money to work than to let it simply track the rate of inflation.

The key, I think, from a business point of view, is to learn how to be efficient in making a record that's not too expensive, so that you're not going crazy spending tons of money making a product that might not ever return that money.

Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.

The first thing you've got to remember is that it's your clients' money you're spending.

Nobody ever lost money taking a profit.

What are we focused on? Return on equity. We don't need these great big tier one assets. I'm very happy with getting tier two, tier three assets; that's what Glencore has been good at.

When the opportunities come, we may not want to buy another nickel asset, but if something comes cheap enough, we're all about return on equity.

My investment strategy, which is to focus on sectors that are a national priority for India, hasn't changed.

The fundamental work of investment management is filtering. The question is what do you filter.

I'm a pretty disciplined investor and pretty disciplined buyer. I do my due diligence. I do my homework. I don't waste money.

You want less of the annoying nonsense that interferes with your portfolios and more of the significant data that allow you to become a less distracted, more purposeful investor.

In markets, there are times when you are looking for what makes sense. At other times, you are looking for what you can do that is sensible versus constraints and uncertainties.

Finance is not merely about making money. It's about achieving our deep goals and protecting the fruits of our labor. It's about stewardship and, therefore, about achieving the good society.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

Net return is simply the gross return of your investment portfolio less the costs you incur. Keep your investment expenses low, for the tyranny of compounding costs can devastate the miracle of compounding returns.

Invest as efficiently as you can, using low-cost funds that can be bought and held for a lifetime.

Index investing outperforms active management year after year.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).

Optimization tells us precisely how to diversify the portfolio, whether I should have 12% in semiconductors or 4% in biotech, etc., and it literally tells me how to diversify not only the industry groups but the stocks.

If you're a retail investor, you have set aside some of your hard-earned money for investment or to create a nest egg, for your kids or family.

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

The more people's money you take to do something, the more inputs you get.

Good decisions can have bad short-term outcomes but be great for the business long-term.