Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes. Barry Ritholtz decisionfutureinformation Change image and share on social
With Twitter, you can build your own virtual trading floor and research department, populated by the smartest people on earth. Almost any subject or sector has you can think of, you can find a few people with an expertise in that area. Barry Ritholtz areabuilddepartment share on social
Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities. Barry Ritholtz ariseassetbroadly share on social
Google's founders have had a good eye for imagining what technologies will be significant in the near future. No one asked Google to develop self-driving cars, but it helped them with street views for Google Maps. Barry Ritholtz askcardevelop share on social
Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions. Barry Ritholtz apparentbottomcapital share on social
What you pay for an investment is the single biggest determinant for how successful that investment will be. When equity prices are high, your returns will be lower. When they are cheap, your returns will be higher. Barry Ritholtz bigcheapdeterminant share on social
To know whether stocks are cheap or pricey, we typically look at price-to-earnings ratio. Valuation is a tougher question than many folks realize. Barry Ritholtz cheapearningsfolk Change image and share on social
A well-designed 401(k) plan is an enormous competitive edge when recruiting and retaining employees. Barry Ritholtz competitivedesignedge Change image and share on social
Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future. Barry Ritholtz correctlydependentfinancial Change image and share on social
I have been a member of the Microsoft-bashing society for quite some time. Barry Ritholtz bashmembermicrosoft Change image and share on social
