Barry Ritholtz quote

Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions.
Barry Ritholtz

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Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets
Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets
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