It is often said that a monkey could run an index fund. Not… - William J. Bernstein

" "
It is often said that a monkey could run an index fund. Nothing could be further fro the truth. Precisely tracking an index requires a very high degree of market savvy, discipline and nerve.

William J. Bernstein

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

About William J. Bernstein

William J. Bernstein (born 1948) is an American financial theorist. He is known for his research in the field of modern portfolio theory and for his finance books for individual investors who wish to manage their own equity portfolios. He lives in Portland, Oregon.

Also Known As

Alternative Names: William Bernstein • Bill Bernstein

All quotes from William J. Bernstein Similar Quotes by other Originators

Originators like William J. Bernstein:

Warren Buffett Benjamin Graham Andy Kessler Peter Lynch Burton Malkiel

Additional quotes by William J. Bernstein

Value stock returns are impossible to estimate using the traditional methods, because most of the excessive return arises from the slow improvement in valuations that occurs as doggy stocks become less doggy over time.

Owning a portfolio of value stocks is the equivalent of wearing a Nehru jacket over a pair of bell bottom trousers.

Ninety-nine percent of what you read about investing in magazines and newspapers, and 100% of what you hear on television is worse than useless.

It is often said that a monkey could run an index fund. Nothing could be further fro the truth. Precisely tracking an index requires a very high degr… - William J. Bernstein

About William J. Bernstein

Also Known As

Additional quotes by William J. Bernstein