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William J. Bernstein Quotes: Do the math. Expect catastrophes. Whatever happens, stay the course.
         

Do the math. Expect catastrophes. Whatever happens, stay the course.


William J. Bernstein
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"William J. Bernstein Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/Do-the-math-Expect-catastrophes-Whatever-happens-1157732>.





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Other quotes of William J. Bernstein


For the taxable investor, indexing means never having to say you're sorry.

For the taxable investor, indexing means never having to say you're sorry.



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.



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.



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.



There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.

There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.



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

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



You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.

You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.



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.



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.



All the things that make us human make us terrible investors and you have to understand what they are and how to avoid them.

All the things that make us human make us terrible investors and you have to understand what they are and how to avoid them.





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I advise people to avoid workplaces that prevent Occupational Safety & Health Administration (OSHA) visits.

I advise people to avoid workplaces that prevent Occupational Safety & Health Administration (OSHA) visits.



One act of kindness teaches more about the love of Jesus than the words I speak.

One act of kindness teaches more about the love of Jesus than the words I speak.



Some boats are rotten in the ports

Some boats are rotten in the ports



Surrender isn’t a one-time event but a moment-by-moment choice.

Surrender isn’t a one-time event but a moment-by-moment choice.



Ah! yes, I know: those who see me rarely trust my word: I must look too intelligent to keep it.

Ah! yes, I know: those who see me rarely trust my word: I must look too intelligent to keep it.



If you look now, more than ever new entrants, new upstarts, are able to grow so much faster than they could before.

If you look now, more than ever new entrants, new upstarts, are able to grow so much faster than they could before.



Whatever we plant in our subconscious mind and nourish with repetition and emotion will one day become a reality.

Whatever we plant in our subconscious mind and nourish with repetition and emotion will one day become a reality.



You are free. You are powerful. You are good. You are love. You have value. You have purpose. All is well.

You are free. You are powerful. You are good. You are love. You have value. You have purpose. All is well.



Such a strange thing. What was terrible for a healthy fetus has been wonderful at defeating the cancer cells.

Such a strange thing. What was terrible for a healthy fetus has been wonderful at defeating the cancer cells.



Thus the expert in battle moves the enemy, and is not moved by him.

Thus the expert in battle moves the enemy, and is not moved by him.




Quote Description


This page presents the quote "Do the math. Expect catastrophes. Whatever happens, stay the course.". Author of this quote is William J. Bernstein. This quote is about whatever happens, catastrophe, math,.