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Quote by William J. Bernstein

“A fast food job, for most people, should be an entry level position. If you see no path for advancement beyond that, it's time to take a real fast look at your human capital and learn a skill that will make you more money.”

Quote by William J. Bernstein

Author

William J. Bernstein

William J. Bernstein, born in 1954, is a renowned investment expert and author. His career has been dedicated to the field of investments, particularly in the areas of mutual funds and index funds. As an investment expert, Bernstein has made significant contributions to the understanding of portfolio management and asset allocation. His book, 'The Four Pillars of Investing,' is a cornerstone in the field, providing in-depth insights into the principles and strategies of portfolio construction. Bernstein's work has had a profound impact on both individual and institutional investors, and he is widely regarded as an authority in the investment community. more

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“You have to ask yourself, what are the things that matter to you most in your life? If you have to have a latte every day that'snice to have right now, but if you take that latte every day right now, you may wind up eating cat food when you are 70. And you have to decide which is worse.”

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“The key thing about any fund is to make sure its expenses are low. You know, if you look at the funds in your plan and you see that they're all charging 1.5 and 2 percent,you've gota bad plan.”

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