Barry Ritholtz Quotes

I got an E-Trade account. Turns out I can turn $1,000 into $420 in less than a week. Sure, I had to pay some fees.

The deeper one delves, the worse things look for actively managed funds.

Speculator: One who bought stocks that went down.

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.

As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long.

I can't afford to die; I'd lose too much money.

Get inside information from the president and you will probably lose half your money. If you get it from the chairman of the board, you will lose all of your money.

The people who are buying stocks because they're going up and they don't know what they do deserve to lose money.

I lost a year or two in there, trying to get films financed that I didn't know would never get financing.

Investors are sometimes too busy looking for profits to notice where the truth ends and the deception begins.

The main purpose of the stock market is to make fools of as many men as possible.

There is a lot of risk in the tech sector.

I really believe that you cannot use the stock market as a proxy for the economy.

One of the problems with hedge funds is that they are changing so rapidly. If you have the balance sheet that closed business last night, by 11 A.M. this morning, that won't tell you very much about what they're doing.

I lost $4 million of other people's money between the ages of 24 and 26.

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.

It's hard to make small investments when you're a billion-dollar fund.

I've learned that all investments have risk.

I don't think there is anything unusual about a business losing money in certain years.

The best restraint is old-fashioned market discipline, in which financial traders know that they, personally, will lose a ton of money if they take risky bets that don't pan out.

When companies fail, shareholders bear the losses. It's just the way our system is supposed to work.

Money is a hazard.

The actions of hedge fund managers in exercising their fiduciary responsibilities to their investors is not the reason why Chrysler is in jeopardy.

I have been making films for 25 years now and I am not mad to invest in something from where recovery becomes an issue.

No one likes to look at their stock price go down and say, 'I feel good about that.' It goes without saying.