A Quote by Barry Ritholtz

Even when you are right, there are costs and taxes associated with being tactical. When you are wrong, there are opportunity costs. — © Barry Ritholtz
Even when you are right, there are costs and taxes associated with being tactical. When you are wrong, there are opportunity costs.
It's a fundamental aspect of the free enterprise system and economics: If there's no penalty associated with increased costs, why not lay on increased costs?
I talked to a lot of employers who just are, are fearful of what's coming next out of Washington. It's all the spending, it's all the debt. It's their national energy tax, they want to call it cap and trade - more mandates, higher costs, more taxes. Their healthcare bill - more mandates, higher costs, higher taxes.
While we would not want to attribute every extreme weather event to climate change - the pattern is building and the costs are rising - the human costs and the financial costs
Costs for liability insurance are higher than costs for many procedures. There is a need to reform liability laws to stop out-of-control health care costs.
I run advertisements and sell T-shirts to cover overhead costs and pay the few people who help me out behind the scenes. Anything left over is spent on production costs, animation costs, etc.
And, in the past, it has been all too easy for legislators to load costs onto business in order to meet broader social goals. And costs for business means costs for consumers.
Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end.
Greed is not defined by what something costs; it is measured by what it costs you. If anything costs you your faith or your family, the price is too high. Such is the point Jesus makes in the parable of the portfolio.
It costs to be a friend or to have a friend. There is nothing else in life except motherhood that costs so much. It not only costs time, affection, patience, love, but sometimes a man must even lay down his life for his friends. There is no true friendship without self-abnegation, self-sacrifice.
It is so easy to be wrong-and to persist in being wrong-when the costs of being wrong are paid by others.
Use the freest goods for happiness... The stars cost nothing. Nature costs nothing. Your inner life costs nothing. God costs nothing. And yet they are all infinitely precious.
We believe that part of the answer lies in pricing energy on the basis of its full costs to society. One reason we use energy so lavishly today is that the price of energy does not include all of the social costs of producing it. The costs incurred in protecting the environment and the health and safety of workers, for example, are part of the real costs of producing energy-but they are not now all included in the price of the product.
One of the biggest reasons for higher medical costs is that somebody else is paying those costs, whether an insurance company or the government. What is the politicians' answer? To have more costs paid by insurance companies and the government. ... [H]aving someone else pay for medical care virtually guarantees that a lot more of it will be used. Nothing would lower costs more than having each patient pay those costs. And nothing is less likely to happen.
I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that.
The Commission agrees that the federal government should help alleviate these costs. The best way to do so is to reduce illegal immigration.... We recommend immediate reimbursement of criminal justice costs, because these conditions can now be met, but we urge further study of the costs of health care and education before impact aid is provided.
We uniformly applaud what is right and condemn what is wrong, when it costs us nothing but the sentiment.
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