You can blow on the dice all you want, but whether they come up seven is still a function of random luck.
BARRY RITHOLTZ
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.
More Barry Ritholtz Quotes
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For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation.
BARRY RITHOLTZ -
And any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.
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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.
BARRY RITHOLTZ -
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 -
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…
BARRY RITHOLTZ -
History is replete with examples of tech firms that were marginalized by new companies and technologies.
BARRY RITHOLTZ -
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 -
I find it funny that people who didn’t think there was any inflation in the pipeline are now talking about stagflation.
BARRY RITHOLTZ -
One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
BARRY RITHOLTZ -
Salesmen always need something to sell.
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Returnless risk is not how you prepare for a decent retirement.
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Can anyone expect that a step of this kind will improve the quality of our long-term investments?’
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