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William J. Bernstein Quotes: Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.
         

Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.


William J. Bernstein
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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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Obstacles cannot crush me. Every obstacle yields to stern resolve. He who is fixed to a star does not change his mind.

Obstacles cannot crush me. Every obstacle yields to stern resolve. He who is fixed to a star does not change his mind.



It is the law of wealth that such people only profit from the money that is taken from them.

It is the law of wealth that such people only profit from the money that is taken from them.



We always have enough to be happy if we are enjoying what we do have- and not worrying about what we don't have.

We always have enough to be happy if we are enjoying what we do have- and not worrying about what we don't have.



In every aspect of my life, I tend to look for the deeper side.

In every aspect of my life, I tend to look for the deeper side.



Those who differ most from the opinions of their fellow men are the most confident of the truth of their own.

Those who differ most from the opinions of their fellow men are the most confident of the truth of their own.



Thanks, Mom for always being there For showing me such love and care. Thanks for all you've done and do How I turned out is down to you I love you Have a lovely birthday

Thanks, Mom for always being there For showing me such love and care. Thanks for all you've done and do How I turned out is down to you I love you Have a lovely birthday



The world laughs at another man's pain.

The world laughs at another man's pain.



I cannot tell you how many people, powerful people, come to my studio and they are in tears they are so moved by what they see.

I cannot tell you how many people, powerful people, come to my studio and they are in tears they are so moved by what they see.



One of the things that characterizes good intellectual work is a certain self-importance

One of the things that characterizes good intellectual work is a certain self-importance




Quote Description


This page presents the quote "Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.". Author of this quote is William J. Bernstein. This quote is about plunge, people, risk, tolerance, market risk, right now, pool,.