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Quote by William J. Bernstein

Work

A Splendid Exchange: How Trade Shaped the World

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Author

William J. Bernstein
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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“History existed to be retold, with more panache but not necessarily greater accuracy. In the ancient texts the villains always wear a particularly vulgar purple, eat too much roasted peacock, douse themselves in rare unguents, melt down pearls. Whether you were a transgressive, power-hungry Egyptian queen or a ruthless pirate, you were known for the "odious extravagance" of your accessories. Iniquity and opulence went hand in hand; your world blazed purple and gold. Nor did it help that history bled into mythology, the human into the divine.”

“Once our imagination starts collapsing and the fragrant blossoms of our inspiration are wilting, petal after petal, our awareness may shake to its foundations, but nothing might deter us if we find the strength to rediscover the path back to the undifferentiated groundedness of our being and the essence of our roots. ("One drink after work.")”