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The consumption and production of energy is a major component of the global economy.

How are the cabs in your city? In Manhattan, where I work, they are rather awful.

In New York, the former lack of real competition allowed taxis to extract excessive charges, regardless of the poor service.

From Barry Ritholtz

The way we finance homes in this country is slow, filled with middlemen, who run a nonstandardized evaluation process. This makes financing a home cumbersome and difficult.

From Barry Ritholtz

There is a shortage of doctors, and the American Medical Association is aiming to keep it that way.

From Barry Ritholtz

History shows us that people are terrible about guessing what is going to happen - next week, next month, and especially next year.

From Barry Ritholtz

Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future.

From Barry Ritholtz

It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

From Barry Ritholtz

Never forget this simple truism: Forecasting is marketing, plain and simple.

From Barry Ritholtz

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.

From Barry Ritholtz

Barry Ritholtz

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