A Quote by Barry Ritholtz

The beauty of diversification is it's about as close as you can get to a free lunch in investing. — © Barry Ritholtz
The beauty of diversification is it's about as close as you can get to a free lunch in investing.
There's no such thing as a free lunch, unless you have a coupon for a free lunch...or someone gives you a lunch...never mind.
Investing a lot of time and money in external beauty and caring little about internal beauty.
It is said that there's no such thing as a free lunch. But the universe is the ultimate free lunch.
There isn’t a person at the Koch brothers events who would not get a good return on their investment by investing in [Santorum] as president, because of what they believe about the free enterprise system.
Nature is not a free lunch, but we treat it as a free lunch.
In the financial world it tends to be misleading to state, "There is no free lunch." Rather the more meaningful comment is, "Somebody has to pay for lunch."
There is a close logical connection between the concept of a safety margin and the principle of diversification.
The idea of excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results.
Before I ran for District Attorney, two Republicans invited my husband and me to lunch. And I knew a party-switch was exactly what they wanted. So, I told Chuck, we'll be polite, enjoy a free lunch and then say goodbye. But we talked about issues - they never used the words Republican, or Democrat, conservative or liberal. We talked about many issues, like welfare - is it a way of life, or a hand-up? Talked about the size of government - how much should it tax families and small businesses? And when we left that lunch, we got in the car and I looked over at Chuck and said, "I'll be damned, we're Republicans."
When you do a film, you get picked up in a car, lunch is free. Theatre is really hard, and you get absolutely no money.
It's important to Russia to be able to attract capital and to attract technology to develop their oil fields, their oil and gas fields, many of which suffer from lack of access to the very best technologies. And it's also important, and this has been the US government's view to have diversification of supply, diversification of supply roots and, of course, diversification in terms of alternative energy.
My father always said 'There's no free lunch.' My father was right. There's no free lunch and there's no free market. The market is rigged, the market is always rigged, and the rigging is in favour of the people who run the market. That's what the market is. It's a bent casino. The house always wins.
Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.
When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
They say there is no 'free lunch' in life. But there are free books! I still can't believe I can go to my local library and get just abut any book in the world - and I don't have to pay a dime!! It's amazing! The library is truly the greatest invention of our civilization.
Investing is important, but get debt-free first. That's what frees up your income so you can win.
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