When people say "I am investing for the long term", it means they are losing money. - Nassim Nicholas Taleb

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When people say "I am investing for the long term", it means they are losing money.

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About Nassim Nicholas Taleb

Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.

Biography information from Wikiquote

Also Known As

Alternative Names: Nassim Taleb
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Additional quotes by Nassim Nicholas Taleb

HEURISTIC: In any profession, when someone becomes rich and/or famous and starts socializing or attending organized gatherings w/the rich & famous & members of the IAND*, you can start counting the time until the big blowup. * International Association of Name Droppers

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