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William Bernstein

eng. William J. Bernstein. Wikipedia

Quotes

  • Investing is not a competition, but a path to financial independence. The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
  • The greatest risk for an investor is not market fluctuations, but their own mistakes. The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
  • The main task of the investor is not to maximize profits, but to minimize errors. The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
  • The market does not reward complexity; it rewards patience and discipline. The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
  • Diversification is the only free lunch in investing. The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
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