Much of the traditional thinking about cash is well intentioned but unrealistic. Should you have six months of living expenses in the bank for emergencies? Sure. Do you? Probably not.

Barry Ritholtz

Barry Ritholtz

About Bank Cash Emergencies Expenses Living Months Much Should Six Sure Thinking Traditional Unrealistic Well You

Related Quotes

When markets are rallying, cash in the portfolio is a drag on performance, returning about zero.

— Barry Ritholtz

The bottom line is this: Cash, in modest increments, has a role in any portfolio. But unless you are Warren Buffett, you should limit it to 2 or 3 percent.

— Barry Ritholtz

AnyBottomBottom Line

Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.

— Barry Ritholtz

AboutDecisionsFuture

Whenever you hear a discussion about the short-term swings in any given stock's price, your immediate thought should be whether it matters to why you are investing.

— Barry Ritholtz

AboutAnyDiscussion

If you think too-big-to-fail banks are not worthy of investment because of their impossible-to-read balance sheets, well then, don't buy them.

— Barry Ritholtz

BalanceBalance SheetsBanks