A Quote by William J. Bernstein

If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.

William J. Bernstein

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Advisor Broker Concept Deviation Familiar Get Investment New New One Returns Standard Your

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William J. Bernstein
Born: 1954

What you pay for an investment is the single biggest determinant for how successful that investment will be. When equity prices are high, your returns will be lower. When they are cheap, your returns will be higher.

Barry Ritholtz

Politicians should not get involved in the detail of clinical criteria and shouldn't be arguing with professors and consultants over whether there is one standard deviation or two standard deviations.

Leo Varadkar

[What if my advisor talks only about returns, not risk?] ... It's his job to take risk into account by telling you the range of possible outcomes you face. If he won't, go get a new planner, someone who will get real.

William Forsyth Sharpe

A new product, technology, or innovation - such as Bitcoin - has the potential to give rise both to frauds and high-risk investment opportunities. Potential investors can be easily enticed with the promise of high returns in a new investment space and also may be less skeptical when assessing something novel, new, and cutting-edge.

Perianne Boring

My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc., should be willing to state unequivocally what he is going to attempt to accomplish and how he proposes to measure the extent to which he gets the job done.

Warren Buffett

There is no such thing as guaranteed high investment returns. Be wary of anyone who promises that you will receive a high rate of return on your investment with little or no risk.

Perianne Boring

Your insurance broker has your telephone number, but your insurance broker doesn't have your Facebook ID. I think they are very different modes of communication. Commingling them can come with risk and peril.

Brian Acton

Net return is simply the gross return of your investment portfolio less the costs you incur. Keep your investment expenses low, for the tyranny of compounding costs can devastate the miracle of compounding returns.

John C. Bogle

If you are a small investor, do take the basic precaution of going to a registered broker/sub-broker and getting receipts for your transactions. Or simply shrug you losses away as you would if you lost your shirt at a casino.

Sucheta Dalal

The ideal time period to get an investment is when you've already proved your concept and know what you're doing, and it's about adding water to the seeds.

Daniel Lubetzky

My father was an investment banker, a stock broker.

Marc Randolph

It's hard to find ideas that aren't picked over and harder to get real returns and differentiate yourself. We are entering a new environment. The days of big returns are gone.

Steven A. Cohen

Now quantitatively we rank things on something called alpha over standard deviation, which is the return independent of the market divided by volatility. Usually, to get a high ranking, you need some buying pressure.

Louis Navellier

Focus on all four of your net worth factors: increasing your income, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.

T. Harv Eker

Billionaires who want to influence politics could get better 'returns on investment' than from early stage Amazon.

Dominic Cummings

The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment. Typically, high past returns simply imply that an asset has become more expensive and is a poorer, not better, investment.

Ray Dalio

A Quote by William J. Bernstein

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