Barry Ritholtz Quotes

The last thing you want to do, unless it's a very unusual situation, is to invest money.

Well, there's always risk in long-term investment.

Always keep your portfolio and your risk at your own individual comfortable sleeping point.

I have plenty of investments that I wish I'd never made. But the model is to lose money on a lot of investments and then make 1,000X or 10,000X on an investment.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.

I'm a very passive investor.

Investing is a business where you can look very silly for a long period of time before you are proven right.

I have no complaints about losing money I put in high-risk investments. I did some of that when I had real money; my informed choice, my measured gamble.

Because in the New Normal you are more worried about the return of your capital, not return on your capital.

I don't really like hedging. To me, if something needs to be hedged, you shouldn't have a position in it.

Never underrate the importance of asset allocation.

When you take smaller gambles, no one particular deal can be big enough to have a material adverse effect on the company.

Never put your savings in risky investments. Only disposable income should find its way there.

What I do for a living is so high-risk that I try to make sure my portfolio is as conservative as possible.

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).

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

When you have risk aversion in Japan, the normal day-to-day outflows that happen in a normal market environment slow down.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

I like not to feel that all my eggs are in one basket, or I get nervous.

In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.

But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago.

We aren't going to let our first investment be the best.

When it comes to money, the best investments were probably the ones I did not make.

I would never be 100 percent in stocks or 100 percent in bonds or cash.