FastSaying
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.
Barry Ritholtz
Again
Any
Avoid
Engage
Errors
Happened
Investors
Learn
Luck
Making
Many
Me
Mistakes
Never
Own
Prefer
Pretend
Rather
Retention
Same
Selective
Sort
Tend
Than
Them
Related Quotes
Good investors must learn to contextualize the daily background noise.
— Barry Ritholtz
Background
Daily
Good
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.
— Barry Ritholtz
Although
Any
Being
Any time you speak to people about their posture, you learn about their most recent investment activity. When someone just bought stocks, they tend to be bullish; someone who just sold is bearish.
— Barry Ritholtz
About
Activity
Any
We must recognize our own behavioral errors. To be blunt, you are not likely to become a cognitive Zen master anytime soon. But a little enlightenment could keep you from making some common investing errors.
— Barry Ritholtz
Anytime
Become
Behavioral
Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about to kick in.
— Barry Ritholtz
About
After
Before