How do you avoid overconfidence? By tell... by William J. Bernstein | We Heart Quotes

How do you avoid overconfidence? By telling yourself at least a few times per year, 'The market is much smarter than I will ever be.'

- William J. Bernstein

Other quotes by William J. Bernstein

Although the modern image of the imperial city is dominated by the ruins of the Coliseum and the Forum, the economic life of ancient Rome centered on side streets filled with apartments, shops, and horrea.

- William J. Bernstein

If you’ve won the game, stop playing.

- William J. Bernstein

Although you should not let your emotional responses dictate your allocation, you do need to sleep at night, and your personal preferences are an important part of your asset class structure.

- William J. Bernstein

It’s human nature to find patterns where there are none and to find skill where luck is a more likely explanation.

- William J. Bernstein

Market history shows that when there’s economic blue sky, future returns are low, and when the economy is on the skids, future returns are high.

- William J. Bernstein

An index fund dooms you to mediocrity? Absolutely not: It virtually guarantees you superior performance.

- William J. Bernstein

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