Journalism attracts people with exceptional linguistic tale… - William J. Bernstein

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Journalism attracts people with exceptional linguistic talent, but I have found that very few have the mathematical sophistication to appreciate the difference between skill and luck.

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

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

The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just like medicine.

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.

Journalism attracts people with exceptional linguistic talent, but I have found that very few have the mathematical sophistication to appreciate the … - William J. Bernstein

About William J. Bernstein

Works in ChatGPT, Claude, or Any AI

Additional quotes by William J. Bernstein