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William J. Bernstein Quotes: The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.
         

The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.


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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You plan every step of your life, but sometimes you have to let life happen. Change is always unsettling, sometimes scary, but you have to let go. Take a risk. Risk can be fun.

You plan every step of your life, but sometimes you have to let life happen. Change is always unsettling, sometimes scary, but you have to let go. Take a risk. Risk can be fun.




The moment we understand life, we will begin to live.

The moment we understand life, we will begin to live.



The opening to reality, as it really is, is beauty.

The opening to reality, as it really is, is beauty.



A defensive referendum is for avoiding war and to help keep the Taiwanese people free of fear.

A defensive referendum is for avoiding war and to help keep the Taiwanese people free of fear.



I did not know that mankind was suffering for want of gold.

I did not know that mankind was suffering for want of gold.



As far as the physical miseries go, I am sure I will cope. I lived at Eton in the 1950s and I know all about life in uncomfortable quarters.

As far as the physical miseries go, I am sure I will cope. I lived at Eton in the 1950s and I know all about life in uncomfortable quarters.



Many of the crisis problems which are considered disasters in the United States would only be normal, everyday living conditions in most of Asia.

Many of the crisis problems which are considered disasters in the United States would only be normal, everyday living conditions in most of Asia.



I am a woman now! It‘s true. No, honestly, I‘ve never worn a bra in my life, ever!

I am a woman now! It‘s true. No, honestly, I‘ve never worn a bra in my life, ever!



For his sake I'm sorry that Robert Johnson sold his soul to the devil, but for our sake and the sake of music I'm glad he did.

For his sake I'm sorry that Robert Johnson sold his soul to the devil, but for our sake and the sake of music I'm glad he did.




Quote Description


This page presents the quote "The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.". Author of this quote is William J. Bernstein. This quote is about keys, fund, aspect,.