When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.
Nassim Nicholas Taleb
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This page presents the quote "When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.". Author of this quote is Nassim Nicholas Taleb. This quote is about return, portfolios, observing, fooled, randomness, investing, term,.