A Quote by William J. Bernstein

There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know. — © William J. Bernstein
There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.

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There are two kinds of investors, be they large or small: those who don't know where the market is headed and those who don't know what they don't know. Then again, there is a third type of investor: the investment professional, who indeed knows he doesn't know, but whose livelihood depends upon appearing to know.
Every time I think I’m getting smarter I realize that I’ve just done something stupid. Dad says there are three kinds of people in the world: those who don’t know, and don’t know they don’t know; those who don’t know and do know they don’t know; and those who know and know how much they still don’t know. Heavy stuff, I know. I think I’ve finally graduated from the don’t-knows that don’t know to the don’t-knows that do.
There are two kinds of people who lose money: those who know nothing and those who know everything.
There seem to be only two kinds of people: Those who think that metaphors are facts, and those who know that they are not facts. Those who know they are not facts are what we call "atheists," and those who think they are facts are "religious." Which group really gets the message?
There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.
I have two kinds of Facebook friends: Those who know what 'DFTBA' means, and those who don't.
There are two kinds of people in this world: those who know where their high school yearbook is and those who do not.
Those who know others are intelligent Those who know themselves have insight. Those who master others have force Those who master themselves have strength.Those who know what is enough are wealthy. Those who persevere have direction. Those who maintain their position endure. And those who die and yet do not perish, live on.
In truth, there are only two kinds of people; those who accept dogma and know it, and those who accept dogma and don't know it.
There are those who know and those who don't know. And for every ten thousand who don't know there's only one who knows. That's the miracle of all time--the fact that these millions know so much but don't know this.
there are two kinds of people in this world : those who believe there are two kinds of people in this world and those who are smart enough to know better.
Those who obtain riches by labor, care, and watching, know their value. Those who impart them to sustain and extend knowledge, virtue, and religion, know their use. Those who lose them by accident or fraud know their vanity. And those who experience the difficulties and dangers of preserving them know their perplexities.
There are two kinds of people one can call reasonable: those who serve God with all their heart because they know him, and those who seek him with all their heart because they do not know him.
My position has always been that there's two types of people opposed to pornography: those who don't know what they're talking about, and those who don't know what they're missing.
I divide the entire set of Fortune Global 2000 firms into two categories: those that know they've been compromised and those that don't yet know.
Those who are near me do not know that you are nearer to me than they are Those who speak to me do not know that my heart is full with your unspoken words Those who crowd in my path do not know that I am walking alone with you Those who love me do not know that their love brings you to my heart
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