“There are two kinds of investors, be they large or small: those who don't know where the market is headed and those who don't know what they don't know. Then again, there is a third type of investor: the investment professional, who indeed knows he doesn't know, but whose livelihood depends upon appearing to know.”
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
You May Also Like
“Planning is useless... but the process itself is indispensable.”
“If you want to make your mother happy, talk to her. If you want to make your father happy, listen.”
Source: Selected Literary Essays
“Woman takes her being from man, man takes his well being from woman.”
Source: An Exposition Upon the Second Epistle General of St. Peter
“I have a serious investment problem. I have no money.”
Source: Comedy Writing Secrets
“Religion is not a melancholy, the spirit of God is not a damper.”
Source: Comedy Writing Secrets