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Quote by Peter L. Bernstein

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Peter L. Bernstein
Peter L. Bernstein

Peter L. Bernstein was a distinguished economist known for his research on portfolio theory and risk management. His writings have had a profound impact on the financial industry, particularly in the areas of asset allocation and risk control. more

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“Therefore, a grotesque account of a period some thousands of years ago is taken seriously though it be built by piling special assumptions on special assumptions, ad hoc hypothesis [invented for a purpose] on ad hoc hypothesis, and tearing apart the fabric of science whenever it appears convenient. The result is a fantasia which is neither history nor science.”

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Author:James Bryant Conant
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“When people talk of atoms obeying fixed laws, they are either ascribing some kind of intelligence and free will to atoms or they are talking nonsense. There is no obedience unless there is at any rate a potentiality of disobeying.”

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“Lifting one's gaze to the living God, the guarantor of our freedom and of truth, is a premise for arriving at a new humanity. Nowadays, in a special way, the world needs people capable of proclaiming and bearing witness to God who is love, and consequently the one light which in the end, illumines the darkness of the world and gives us strength to live and work”

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“It's the recognition that other people's problems, their pain and frustrations, are every bit as real as our own - often far worse. In recognizing this fact and trying to offer some assistance, we open our hearts and greatly enhance our sense of gratitude.”

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