---
title: "Meaning & Key Takeaway of: As a professional, you can afford to pick…"
description: "\"As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be ..."
image: "https://sms4smile.com/quotes/i/677/jeremy-grantham-11433_about_as-a-professional-you-can-afford-to-pick_1023317.jpg"
---

#  As a professional, you can afford to pick some stocks and…

![“As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long.” quote by Jeremy Grantham](https://sms4smile.com/quotes/i/677/jeremy-grantham-11433_about_as-a-professional-you-can-afford-to-pick_1023317.jpg)   [Download](https://sms4smile.com/quotes/i/677/jeremy-grantham-11433_about_as-a-professional-you-can-afford-to-pick_1023317.jpg) [Open image](https://sms4smile.com/quotes/i/677/jeremy-grantham-11433_about_as-a-professional-you-can-afford-to-pick_1023317.jpg)

> “As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long.”

[Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Professional investors must tolerate small errors in individual stock picks while maintaining confidence in overall market outlook to preserve credibility.

**In simple terms:** Investors can be wrong on some stocks but must appear right on the big picture.

Key Takeaway

Balance risk and reputation.

Themes

investment reputation risk management

Mood

cautious analytical

Type

advisory strategic

When to use this quote

- portfolio management
- performance reviews
- client communications
- media interviews

Key Concepts

stock selection market outlook behavioral finance

Questions to Reflect On

- How do you decide which mistakes are acceptable?
- What signals indicate a shift in the big picture?

A Different Perspective

Overemphasis on short‑term errors can damage long‑term credibility.

★ ★ ★ ★ ★   No ratings yet

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