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If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

Related Topics

Accountability Dumb Hold Myself Prediction Trash

Bagwalas

The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don’t work out and don’t increase shareholder value.
BARRY RITHOLTZ

Majority Mergers Out Work
If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.
BARRY RITHOLTZ

Accountability Dumb Hold Myself Prediction Trash
And any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.
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Excessive regulation in the banking reform bill will destroy a substantial part of our bond-distributing machinery.
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History is replete with examples of tech firms that were marginalized by new companies and technologies.
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One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
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The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.
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Salesmen always need something to sell.
BARRY RITHOLTZ

Need Salesman Sell Something
The Boskin Commission… was an act of cowardice. Rather than man up and say fix this, its broken, we can’t afford it.
BARRY RITHOLTZ

Afford Boskin Broken Cowardice Man
This ugly duckling investment will likely need time – quarters, or even years – to blossom into a beautiful swan.
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Beautiful Duckling Swans Ugly
You can blow on the dice all you want, but whether they come up seven is still a function of random luck.
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Never forget this simple truism: Forecasting is marketing, plain and simple.
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Forget Marketing never Simple
Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing…
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Returnless risk is not how you prepare for a decent retirement.
BARRY RITHOLTZ

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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, with any luck, avoid making the same errors again.
BARRY RITHOLTZ

Errors Happened Investor Luck Mistake Prefer
This is nothing like the 1970’s, which was a pretty dismal period and not just because of polyester and disco.
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Nothing Period Polyester Prett

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