Ifs Quote by Peter L. Bernstein Download Open image “What if I am wrong? Any rational investment plan has to start with that question.” — Peter L. Bernstein ★ ★ ★ ★ ★ 3.6 out of 5 (9 ratings) Copy quoteShare Ifs Investing Investment Plans Rational What if
Investment must be rational; if you can't understand it, don't do it. — Warren Buffett Copy Share Image
Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences… — Benjamin Graham Copy Share Image
Don't invest in anything that you don't understand. Do your research first. — Paul Clitheroe Copy Share Image
Unless you completely understand the investment world, do not mess around with it. It is not something I would go anywhere near. — Anthea Turner Copy Share Image
Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes? — Mohamed El-Erian Copy Share Image
Before you invest in anything else, exhaust the possibilities of investing in your own business first. — Paul Zane Pilzer Copy Share Image
One of the rules I've learned is that struggling to try and think your way into making an investment is usually the best way… — Stephen A. Schwarzman Copy Share Image
Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future. — Barry Ritholtz Copy Share Image
Gambling has held human beings in thrall for millennia. It has been engaged in everywhere, from the dregs of society to the most respectable… — Peter L. Bernstein Copy Share Image
“Time matters most when decisions are irreversible. And yet many irreversible decisions must be made on the basis of incomplete information.” — Peter L. Bernstein Copy Share Image
“[The] utility resulting from any small increase in wealth will be inversely proportionate to the quantity of goods previously possessed.” — Peter L. Bernstein Copy Share Image
The word 'risk' derives from the early Italian risicare, which means 'to dare'. In this sense, risk is a choice rather than a fate.… — Peter L. Bernstein Copy Share Image
The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we… — Peter L. Bernstein Copy Share Image
“But therein lies the logician's trap: past data from real life constitute a sequence of events rather than a set of independent observations, which… — Peter L. Bernstein Copy Share Image
“So we pour in data from the past to fuel the decision-making mechanisms created by our models, be they linear or nonlinear. But therein… — Peter L. Bernstein Copy Share Image
“Our lives teem with numbers, but we sometimes forget that numberss are only tools. They have no soul; they may indeed become fetishes.” — Peter L. Bernstein Copy Share Image
The revolutionary idea that defines the boundary between modern times and the past is the mastery of risk: the notion that the future is… — Peter L. Bernstein Copy Share Image
“His local campaigns around Macedonia also augmented that absolutely essential economic resource: slaves-slaves to work the mines, slaves to work the fields, slaves to… — Peter L. Bernstein Copy Share Image
“The information you have is not the information you want. The information you want is not the information you need. The information you need… — Peter L. Bernstein Copy Share Image
Women still, when they have breast cancer, go to work; they still lead their lives. They have to. I just did what I was… — Monica Potter Copy Share Image
Most of us are convinced that we are our egos, which is who we think we are. The ego is part of our incarnation.… — Ram Dass Copy Share Image
Histories never conclude; they just pause their prose. Their stories are, if they are truthful, untidy affairs, resistant to windings-up and sortings-out. They beat… — Simon Schama Copy Share Image
If you ask an introvert a question, wait until she thinks about it. Introverts think before speaking, not through speaking. If you want to… — Laurie Helgoe Copy Share Image
Many individuals spend a considerable portion of their lifetimes in terror of one imagined catastrophe or another. The classic is that your immortal soul… — L. Neil Smith Copy Share Image
If you restore a car, and you're making money, then you're doing it wrong. — Jay Leno Copy Share Image
I understand that it's the music that keeps me alive... That's my lifeblood. And to give that up for, like, the TV, the cars,… — Bruce Springsteen Copy Share Image
If we gave up our freedom as the price of security, we would no longer be the great nation that we are. — Ruth Bader Ginsburg Copy Share Image
If my campaign is not in the debate, we will not be talking about how we really fix this problem of endless and expanding… — Jill Stein Copy Share Image
Nothing is so powerful as an insight into human nature... what compulsions drive a man, what instincts dominate his action. If you know these… — William Bernbach Copy Share Image