A Quote by Barry Ritholtz
If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.
Related Quotes
I was born with the wrong sign
In the wrong house
With the wrong ascendancy
I took the wrong road
That led to
The wrong tendencies
I was in the wrong place
At the wrong time
For the wrong reason
And the wrong rhyme
On the wrong day
Of the wrong week
Used the wrong method
With the wrong technique
Wrong
Wrong.
The biggest lesson I’ve learned is, “It’s okay.” It’s okay for me to be kind to myself. It’s okay to be wrong. It’s okay to get mad. It’s ok to be flawed. It’s okay to be happy. It’s okay to move on.
We have to allow ourselves the freedom to make mistakes, including cultural mistakes, in our first drafts. I believe it's okay to get cultural details wrong in your first draft. It's okay if stereotypes emerge. It just means that your experience is limited, that you're human.
Should I become President...I will not risk American lives...by permitting any other nation to drag us into the wrong war at the wrong place at the wrong time through an unwise commitment that is unwise militarily, unnecessary to our security and unsupported by our allies.
It’s wrong to hate. It always has been wrong and it always will be wrong! It’s wrong in America, it’s wrong in Germany, it’s wrong in Russia, it’s wrong in China! It was wrong in two thousand B.C., and it’s wrong in nineteen fifty-four A.D.! It always has been wrong, and it always will be wrong!
It's not wrong to be upset. It's not wrong to cry. It's not wrong to want attention. It's not even wrong to scream or throw a fit. What is wrong is to keep it all inside. What is wrong is to blame and punish yourself for simply being human. What is wrong is to never be heard and to be alone in your pain. Share it. Let it out.
Now, I don't mean to say that being wrong is the same thing as being creative. What we do know is, if you're not prepared to be wrong, you'll never come up with anything original. If you're not prepared to be wrong. And by the time they get to be adults, most kids have lost that capacity. They have become frightened of being wrong. And we run our companies like this, by the way, we stigmatize mistakes. And we're now running national education systems where mistakes are the worst thing you can make.
Sociopaths are not inhibited by the notion that it's wrong to be addicted, or wrong to buy illegal drugs. Also, drinking or taking drugs can be a lot of fun, and even if it's not, it can dull that painful boredom for a while. So can certain other things, like taking risks, and particularly if you take a risk-averse person and you can manipulate him or her into taking risks, that's really fun.
Shakespeare had found language for the agony of living with one's own mistakes. There were words for finding yourself isolated with your failures. Phrases for discovering that you were wrong, all, all wrong, wrong, wrong.
If you decide to do comedy that involves risk, risk means risk, and you can't complain of flesh wounds if you sit down at the table to play.
As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long.
Liberals are constantly wrong. In fact, that's how you rise to the top in liberalism, by being wrong. If you are wrong, and if you are consistently wrong, it's even better. You're really one of them if you're really wrong all the time. Look at Jimmy Carter.
What's wrong with trying hard and showing up and being good at your job? We really need to look at ourselves and say we need to reevaluate this. We need to reevaluate that women who ask for a pay raise or ask for a promotion - it's actually an okay thing. It's okay to be ambitious; it's okay to be over-prepared.
It's okay not to be okay... Sometimes it's hard, to follow your heart but tears don't mean you're losing, everybody's bruising, there's nothing wrong with who you are.
Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money.
If the majority of people said I did something wrong, then I must be wrong, and I will think 'I didn't even mean it like that, why are you treating me like this?' But if a lot of people say that I'm wrong and it's not good, then it must be not good. I will say, 'Okay' and then tell myself that this cannot happen again. I have to grasp it and change it for the better.
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