The advent of modern communication technology has simply fa… - William J. Bernstein

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The advent of modern communication technology has simply facilitated the rapid dissemination of increasingly trivial information.

William J. Bernstein

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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.

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Warren Buffett Benjamin Graham Andy Kessler Peter Lynch Burton Malkiel

Additional quotes by William J. Bernstein

Investment planning and execution are two completely different animals.

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.

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.

The advent of modern communication technology has simply facilitated the rapid dissemination of increasingly trivial information. - William J. Bernstein

About William J. Bernstein

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