A Quote by Barry Ritholtz

Twitter has become a group conversation of that type that used to take place on trading floors. — © Barry Ritholtz
Twitter has become a group conversation of that type that used to take place on trading floors.
As a society, we have this perception that women are emotional. The research, however, tells us that, on trading floors, that poor risk rises and falls with testosterone levels, and these trading floors are 85 percent, 90 percent male, and these gentlemen tend, under periods of stress, to show off for each other. That's dangerous.
I think of Twitter as the place where I go to have a great conversation when I can't have one locally, which seems to be all the time, and the more time that I spend on Twitter, the more I sort of curate this incredible group of very intelligent people that I just get to know purely through the quality of their thoughts.
We should look at the Twitter records of Andrew Fraser. Clearly, the ship was on remote control, because he spent all of his time on Twitter. He used to Twitter in the chamber. He used to Twitter at night. He used to Twitter probably in bed at home, but I am not going to go any further there.
The 'OK Plateau' is that place we all get to where we just stop getting better at something. Take typing, for example. You might type and type and type all day long, but once you reach a certain level, you just don't get appreciably faster. That's because it's become automatic. You've moved it to the back of your mind's filing cabinet.
Twitter has allowed the conversation to broaden and become more inclusive. At times, the conversation is really tense but that's because we're talking about really important issues. It's not going to be easy but at least the conversations are happening.
Twitter is a much more dangerous cauldron of group-think than happy hours or dinners. On Twitter, the reward comes from agreeing or loudly disagreeing with the joke, or the "smart take." In person you hash things out.
I use social media every day. I don't have a Twitter account, but not because I'm a dinosaur about it. I have enough of a platform here. People in my position who do it tend to use it in a promotional way or in a hamstrung way. I look at Twitter all the time as a news tool or for cultural conversation. I've used it in my reporting. It's very useful.
I don't mind Twitter. I think it's a lot of nonsense, but at least, to me, Twitter is just more of a public forum to have conversation.
There has always been in our national experience a type of mind which elevates hatred to a kind of creed; for this mind, group hatreds take a place in politics similar to the class struggle in some other modern societies.
When the last history of high-frequency trading is written, Hunsader, like Joe Saluzzi and Sal Arnuk of Themis Trading, deserves a prominent place in it.
Wall Street trading floors have long been seen as bastions of testosterone that rewarded, literally, those with sharp elbows who could throw a punch.
For most of Wall Street's history, stock trading was fairly straightforward: buyers and sellers gathered on exchange floors and dickered until they struck a deal.
Communication leads to community that is, to understanding, intimacy, and the mutual valuing that was previously lacking. Community can be defined simply as a group in which free conversation can take place. Community is where I can share my innermost thoughts, bring out the depths of my own feelings, and know they will be understood.
I think women are deeply interested in a conversation around fertility. It's not a conversation just for one age group of women, a conversation if you're post 30 or post 35. This [is] conversation about reproduction, about taking your own power with you and deciding for yourself.
Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.
Somebody told me, “Twitter hates tabloids, but Twitter is constantly acting like a tabloid, repeating the mistakes of the things we’re hoping to better.” Twitter wanted to become a more egalitarian justice system, but instead it became a draconian one.
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