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William J. Bernstein Quotes: 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.


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.



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.



When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.

When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.





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BE the music, DO the math, HAVE the dream!

BE the music, DO the math, HAVE the dream!




I am quite a dreamer. I think we all are dreamers. We all don't like to live a practical life all the time. There is a thin line between our hopes and dreams.

I am quite a dreamer. I think we all are dreamers. We all don't like to live a practical life all the time. There is a thin line between our hopes and dreams.



If you want anything done right you will have to see to it yourself every time.

If you want anything done right you will have to see to it yourself every time.



He would have been handsome—in a serial-killer kind of way—if not for those tattoos.

He would have been handsome—in a serial-killer kind of way—if not for those tattoos.



If you're afraid of something, face it. Fear is irrational. The only way to conquer your fear is to stand next to it.

If you're afraid of something, face it. Fear is irrational. The only way to conquer your fear is to stand next to it.



It will feel boring when you're bingeing.

It will feel boring when you're bingeing.



Nothing that has happened has made me feel gloomy or remain depressed. I love my life.

Nothing that has happened has made me feel gloomy or remain depressed. I love my life.



How fragile our lives are anyway. How quickly things can change forever.

How fragile our lives are anyway. How quickly things can change forever.



I wanted to be in a band that shared ideas and were in it together.

I wanted to be in a band that shared ideas and were in it together.




Quote Description


This page presents the quote "Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.". Author of this quote is William J. Bernstein. This quote is about wall, investing, bones,.