“some of the things which I vaguely apprehend are, like the end of the world, uninsurable risks and it is useless to worry about them” — Allen C. Benello Copy Share Image
“The ones that have the edge are the ones who really have the temperament to look at a business, look at an industry and not care what the person next to them thinks about it, not care what they read about it in the newspaper, not care what they hear about it on the television, not listen to people who… — Allen C. Benello Copy Share
“Chambers et al. conclude that Keynes had no skill as a market timer. By then, however, the man who had started out as a top-down speculator relying upon his “superior knowledge” to forecast the macroeconomic climate, was behaving more like a bottom-up, fundamental investor who sought solid, dividend-paying stocks with good long-term prospects. His gains came from taking large positions… — Allen C. Benello Copy Share
“A lightbulb turned on when I realized the investors I admire the most (and this admiration comes only in part from the amazing success they’ve achieved) tend to share one characteristic: They are concentrated value investors. That is, they adhere to a concentrated approach to portfolio construction, holding a small number of securities as opposed to a broadly diversified portfolio.” — Allen C. Benello Copy Share
“[My] theory of risk is that it is better to take a substantial holding of what one believes in than scatter holdings in fields… — Allen C. Benello Copy Share Image
“some of the things which I vaguely apprehend are, like the end of the world, uninsurable risks and it is useless to worry about… — Allen C. Benello Copy Share Image
“When as a young and unknown man I started to be successful I was referred to as a gambler. My operations increased in scope.… — Allen C. Benello Copy Share Image
“The successful warrior is the average man, with laser-like focus. —Allen Carpé Benello” — Allen C. Benello Copy Share Image
“Keynes had been appointed to the board of the National Mutual, one of the oldest institutions in the city, in 1919.107 He had served… — Allen C. Benello Copy Share Image