The first job of the investor is to understand reality as it is, not as desired or imagined, and this is what makes investing fundamentally different from politics where feedback loops are slow.
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Speaker
Barry RitholtzEvidence Quote
“the first job of the investor is to understand reality as it is”
Source
Why Money Isn't What You Think: Barry Ritholtz on the Meaning of Money and How NOT to Invest It— Excess ReturnsCreated: 8/11/2026, 5:35:27 AM
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