Abandon Quote by David Dreman
“Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.”
About This Quote
Source Book: The New Money Masters, 1999
Investors often discard solid strategies when recent performance falters, timing their exit poorly.
In simple terms: Investors quit good plans too early.
Key Takeaway
Stay disciplined, avoid premature abandonment.
Themes
investment
strategy
timing
Mood
cautious
analytical
Type
advisory
reflective
When to use this quote
- portfolio management
- market downturns
- fund manager decisions
- personal investing
Key Concepts
behavioral finance
loss aversion
Questions to Reflect On
- How do you identify a strategy's true long‑term value?
- What signals indicate a strategic pause rather than abandonment?
A Different Perspective
Market cycles can make good strategies temporarily underperform.
