Barry Ritholtz

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

“History is replete with examples of tech firms that were marginalized by new companies and technologies.”

“Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to 'own' them. This allows me to learn from them and, wi...”

“Indeed, eventually, random outcomes all revert to the mean, meaning that streaks eventually end. Understanding this is a key part of intelligent and rational investing.”

“The electronics industry expanded rapidly and the seeds for the semiconductor and software revolution were planted. The postwar period also saw the suburbanization of America, the rise of th...”

“Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.”

“Little white lies are told by humans all the time. Indeed, lying is often how we get through each day in a happy little bubble. We spend time and energy rationalizing our own behaviors, beli...”

“Yearly data put the rest of the noise into perspective. Most of the weekly or monthly random up-and-down movements get smoothed out. Ultimately, this is where long-term investors should be f...”