Attorney Quote by William J. Bernstein

“Bluntly put, there's no chance that your doctor, dentist, or attorney is a high-school dropout. Your stockbroker, however, just might be.” quote by William J. Bernstein — Download Open image

“Bluntly put, there's no chance that your doctor, dentist, or attorney is a high-school dropout. Your stockbroker, however, just might be.”

William J. Bernstein

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Attorney Chance Dentist Doctors Dropouts High school High school dropout Might School School dropout Stockbrokers

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“Although the Romans knew Chinese silk, they knew not China. They believed that silk grew directly on the mulberry tree, not realizing that the…

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It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're…

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The key thing about any fund is to make sure its expenses are low. You know, if you look at the funds in your…

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There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't…

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A decade ago, I really did believe that the average investor could do it himself. I was wrong. I've come to the sad conclusion…

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Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

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The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.

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If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.

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While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in…

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It's bad enough that you have to take market risk. Only a fool takes on the additional risk of doing yet more damage by…

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You have to ask yourself, what are the things that matter to you most in your life? If you have to have a latte…

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The definition of investment is the deferring ofpresent consumption for future consumption. So, you dohave to be willing to defer. And there are a…

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Explore all 33 William J. Bernstein quotes

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Protecting the rights of service members was an important part of my work as Assistant Attorney General for Civil Rights.

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Modern society includes three types of men who can never think very highly of the world--the priest, the physician, and the attorney-at-law. They all…

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