Skip to content

All the best Quote by William J. Bernstein

“For the taxable investor, indexing means never having to say you're sorry.” quote by William J. Bernstein
Download Open image
“For the taxable investor, indexing means never having to say you're sorry.”

William J. Bernstein

About This Quote

Source Book: The Four Pillars of Investing, 2002

Indexing offers investors a reliable, low‑cost way to achieve market returns without needing to time the market.

In simple terms: Indexing avoids market timing.

Key Takeaway

Embrace passive investing.

Themes

investment strategy market efficiency cost reduction

Mood

informative practical

Type

financial educational

When to use this quote

  • retirement planning
  • portfolio building
  • financial education

Key Concepts

index funds passive management

Questions to Reflect On

  • Do you understand the fees involved?
  • How does indexing fit your risk tolerance?
A Different Perspective

Indexing may underperform in niche markets.

3.4 out of 5 (4 ratings)

More by William J. Bernstein

Explore all 33 William J. Bernstein quotes

More All the best quotes

Browse all 122 All the best quotes