A Quote by Barry Ritholtz

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail. — © Barry Ritholtz
If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.
Value investing requires a great deal of hard work, unusually strict discipline, and a long-term investment horizon. Few are willing and able to devote sufficient time and effort to become value investors, and only a fraction of those have the proper mind-set to succeed.
There are always risks when you chase after a dream because growth requires that you leave your comfort zone and enter unknown territory. But without confronting those risks and facing your fears, you'll never, as Nike says, "Just do it." Now the truth is, you may fail in some of your efforts, but you will never succeed if you are not willing to risk failure. And even if you do fail, you can learn from the experience and try again. To do that, you will need courage, and you will also need to have faith in your ability to achieve your goals.
Now this really annoys me: All these people getting on the Internet and saying Nostradamus predicted this. If Nostradamus were alive today his name would be Miss Cleo and he'd be charging $2.99 a minute.
In order to succeed, you have to fail, no? You ride a bicycle, you fail; you try a few times, you succeed.
Now Nostradamus said that the king of Terror would appear September 1999. I believe Nostradamus knew his Bible and knew what the six day theory was, and so he could put it all together.
Impact investing has become a broad umbrella that includes all investing with a focus on both financial return and social impact, but in its best form, impact investing prioritizes impact over returns and achieves outcomes that traditional investing cannot.
What can it matter to me, that I succeed or fail ? The undertaking is none of mine, if they want me to succeed I'll fail, and vice versa, so as not to be rid of my tormentors.
Building your own business is the best way to become rich. Then you can begin investing in other assets.
When you work towards your goals, you become healthier and healthier, mentally. It is very hard to do with a negative attitude. You just need to become more and more positive. And then you start to succeed. And starting to succeed is like winning a race and having the audience cheer. That makes you feel happy and motivates you to work even harder and achieve even more.
Happiness requires changing yourself and changing your world. It requires pursuing your own goals and fitting in with others. Different people at different times in their lives will benefit from drawing more heavily on one approach or the other.
If you are destined to become a writer, you can't help it. If you can help it, you aren't destined to become a writer. The frustrations and disappointments, not even to mention the unspeakable loneliness, are too unbearable for anyone who doesn't have a deep sense of being unable to avoid writing.
I think if you try to force a personality on a world then I think you're destined to fail.
If I succeed in business but fail as a father, then I've failed.
The word 'star' is misused. A good film will never fail. And if you have become an actor to become a star, then your reason of being in this profession is wrong. It amounts to abusing the art.
You, your employer and your plan's investment managers fail to follow even the most basic rules of investing. You overtrade, chase performance, do not think long term. All of you - All Of You - have done a horrible job managing your retirement plans.
Some succeed because they are destined to, but most succeed because they are determined to.
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