156 Quotes by Barry Ritholtz

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

Every buck that they are forced to spend elsewhere is that much less money (spent) on other issues. With technology it may not fall dollar-for-dollar, but you have to think that it's going to pinch a little bit.

Never forget this simple truism: Forecasting is marketing, plain and simple.

Earnings have been coming in across the board pretty good, but the problem hasn't been earnings. The issue is the forward-looking statements for the fourth quarter or 2006. Despite good numbers, you see some stocks getting punished. It's a function of the outlook.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

There's still upside in tech but it's going to be more grudging and grinding and choppy, it's not going to be this moon shot that we saw a year ago.

Returnless risk is not how you prepare for a decent retirement.

Tech stocks are probably a little pricey. But they're not stupid pricey.

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.