“Yearly data put the rest of the noise into perspective. Most of the we...” — Barry Ritholtz Quote

Yearly data put the rest of the noise into perspective. Most of the weekly or monthly random up-and-down movements get smoothed out. Ultimately, this is where long-term investors should be focused.

Here is a dirty little secret: Stock-picking is wildly overrated. Sure, it makes for great cocktail party chatter, and what is more fun than delving into a company's new products? But the truth is that individual stocks are riskier than broad indices.

Forecasting is simply not a strength of the species; we are much better with tools and narrative storytelling.

To know whether stocks are cheap or pricey, we typically look at price-to-earnings ratio. Valuation is a tougher question than many folks realize.

Data, I think, is one of the most powerful mechanisms for telling stories. I take a huge pile of data and I try to get it to tell stories.

You can't talk about big data without talking about things like privacy and ownership.

The price of freedom is eternal vigilance. Don't store unnecessary data, keep an eye on what's happening, and don't take unnecessary risks.

There are many signs of the value created by all the exchange that takes place in a city. We see it in productivity and wage data. We also see it in the increase in the value of the land.

Outside the U.S., most data plans have a data limit.