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One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
Barry Ritholtz
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Barry Ritholtz
Age: 63
Born: 1961
Born: October 22
Author
Writer
Presses
Press
Lack
Detest
Financial
Penalty
Without
Penalties
Thing
Accountability
Sorts
Nonsense
More quotes by Barry Ritholtz
Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to own them. This allows me to learn from them and, with any luck, avoid making the same errors again.
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I find it funny that people who didn't think there was any inflation in the pipeline are now talking about stagflation. This is nothing like the 1970's, which was a pretty dismal period and not just because of polyester and disco.
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The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.
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