A Quote by Barry Ritholtz

When you buy anything with lots of leverage, it does not require a whole lot to go wrong to lose it all. — © Barry Ritholtz
When you buy anything with lots of leverage, it does not require a whole lot to go wrong to lose it all.
Buy a house in a foreign country and, it seems, that anything which can go wrong usually does.
Sometimes things go wrong in 'football. You can lose games, own-goals, you can buy the wrong players. But you do it in the right spirit and you do it honestly. That is not how it went wrong at Notts County.
People want to think that staying in shape costs a lot of money. They couldn't be more wrong. It doesn't cost anything to walk. And it's probably a lot cheaper to go to the corner store and buy vegetables than take a family out for fast food.
When you have good ingredients, cooking doesn't require a lot of instruction because you can never go very wrong.
I do a lot of curiosity buying; I buy it if I like the album cover, I buy it if I like the name of the band, anything that sparks my imagination. I still like to go to record stores, I like to just wander around and I'll buy whatever catches my attention.
I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
There are lots of different ways that algorithms can go wrong, and what we have now is a system in which we assume because it's shiny new technology with a mathematical aura that it's perfect and it doesn't require further vetting. Of course, we never have that assumption with other kinds of technology.
Fashion is fun, ridiculously fun. But it's base and it's wrong. You're not doing anything good for the world. You're just saying, 'Buy it, buy it, buy it.'
Fashion is fun, ridiculously fun. But it's base and it's wrong. You're not doing anything good for the world. You're just saying, 'Buy it, buy it, buy it.
You can lose leverage, and it's the only way a smart guy can go broke.
My whole background, my whole life was just lots and lots of theater, a lot of that being musical theater.
I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
I have watched independent record stores evaporate all over America and Europe. That's why I go into as many as I can and buy records whenever possible. If we lose the independent record store, we lose big. Every time you buy your records at one of these places, it's a blow to the empire.
I am very strict about what I eat. I do not consume anything that my body does not require. It takes a lot of sacrifice and discipline. It wasn't easy before but now its second nature for me.
Democracy does not require perfect equality, but it does require that citizens share in a common life.
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