“You have a natural tendency to want an emotionally satisfying tale - a...” — Barry Ritholtz Quote

You have a natural tendency to want an emotionally satisfying tale - and to make investments based on that - despite times when the actual data may be telling you something different.

You want less of the annoying nonsense that interferes with your portfolios and more of the significant data that allow you to become a less distracted, more purposeful investor.

Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities.

Asset managers have different approaches, and I don't wish to suggest there is only one way to run money. There are many ways one can attempt to reduce risk, improve performance, lower drawdowns and reduce volatility.

We had training camp for a week, and we used the actual military drills of that period. We didn't have to work out much after hours, because going up and down hills all day was a good workout in itself.

Digital music boils down the actual musical experience.

Normally, when politicians talk about 'cutting the budget,' they really mean reducing the amount of increase. Actual spending goes up while the politicians claim to have 'cut the budget.'

I would argue that we're not limited by actual DNA. You can re-create the ancient DNA by looking at the genomes of existing animals.

One of the reasons why I signed up with Roc Nation was because of their ability to not just have a vision of doing things but the actual ability and resources to carry that vision out.