William J. Bernstein quotes: wise famous quotes, sayings and quotations by William J. Bernstein

William J. Bernstein Famous Quotes & Sayings

Discover top inspirational quotes from William J. Bernstein on Wise Famous Quotes.

William J. Bernstein quotes: Personal finance, like most important aspects of life, is a never-ending quest. The competent investor never stops learning.

Personal finance, like most important aspects of life, is a never-ending quest. The competent investor never stops learning.

William J. Bernstein quotes: Bluntly put, there's no chance that your doctor, dentist, or attorney is a high-school dropout. Your stockbroker, however, just might be.

Bluntly put, there's no chance that your doctor, dentist, or attorney is a high-school dropout. Your stockbroker, however, just might be.

William J. Bernstein quotes: When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.

When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.

William J. Bernstein quotes: 99% of fund managers demonstrate no evidence of skill whatsoever.

99% of fund managers demonstrate no evidence of skill whatsoever.

William J. Bernstein quotes: The essence of effective portfolio construction is the use of a large number of poorly correlated assets.

The essence of effective portfolio construction is the use of a large number of poorly correlated assets.

William J. Bernstein quotes: The deeper one delves, the worse things look for actively managed funds.

The deeper one delves, the worse things look for actively managed funds.

William J. Bernstein quotes: most paleographers now believe that the "idea of writing" must have spread along with commerce, most likely from Sumer to Egypt.33

most paleographers now believe that the "idea of writing" must have spread along with commerce, most likely from Sumer to Egypt.33

William J. Bernstein quotes: The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.

The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.

William J. Bernstein quotes: The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.

The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.

William J. Bernstein quotes: Mutual fund manager performance does not persist and the return of stock picking is zero.

Mutual fund manager performance does not persist and the return of stock picking is zero.

William J. Bernstein quotes: Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.

Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.

William J. Bernstein quotes: Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

William J. Bernstein quotes: The typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks.

The typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks.

William J. Bernstein quotes: The reason that 'guru' is such a popular word is because 'charlatan' is so hard to spell.

The reason that 'guru' is such a popular word is because 'charlatan' is so hard to spell.

William J. Bernstein quotes: If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.

If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.

William J. Bernstein quotes: all democratic societies based on the rule of law, on the Tinkerbell Principle: it functioned only so long as its participants believed in it.48

all democratic societies based on the rule of law, on the Tinkerbell Principle: it functioned only so long as its participants believed in it.48