Average Quote by Daniel Kahneman

The average investor does significantly worse than a simple index... It's literally because of the way our brains are wired.

— James O'Shaughnessy

Investors aren't willing to accept the idea that we're in an era of lower returns.

— Gary Shilling

Some investments do have higher expected returns than others. Which ones? Well, by and large they're the ones that will do the worst in…

— William Forsyth Sharpe

It's very difficult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets is, "reversion…

— John C. Bogle

“For a number of years, professors at Duke University conducted a survey in which the chief financial officers of large corporations estimated the returns…

— Daniel Kahneman

It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low…

— William O'Neil

“In the short run, however, stock returns are very volatile, driven by changes in earnings, interest rates, risk, and uncertainty, as well as psychological…

— Jeremy J. Siegel

The returns we read about in the industry sales literature vastly diminish when we move from the theoretical world of market indexes to the…

— John C. Bogle

Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.

— Jim Rogers

“As a result, proportional movements of high-priced stocks in the Dow averages have a much greater impact than movements of lower-priced stocks, regardless of…

— Jeremy J. Siegel

Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose.

— Seth Klarman

“If you only want to make average market returns, then scale your positions to a very small size, and your portfolio will act very…

— Gil Morales