Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end.
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"Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end." — Barry Ritholtz #moneywealth
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Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as…
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Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end. — Barry Ritholtz
About Barry Ritholtz
Barry Ritholtz was a Author from American (1961–present).
Frequently Asked Questions
Who said "Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant…"?
This quote is attributed to Barry Ritholtz, a Author from American.
When did Barry Ritholtz live?
Barry Ritholtz lived from 1961 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.