A Quote by William J. Bernstein
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.
Related Quotes
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.
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 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.
These are two different exercises. One of them is, "You don't know and I know, so just shut up and listen," and the other one is, you're curious and you're learning, and I have a way where you can learn this so you'll know it as well. And when you know it, and know why you know it, then you don't have to reference me ever again because you take ownership of the knowledge, and you can then share it with someone else.
There are two kinds of people who lose money: those who know nothing and those who know everything.
There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.
The idea that a bell rings to signal when investors should get into or out of the stock market is simply not credible. After nearly fifty years in this business, I do not know of anybody who has done it successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently. Yet market timing appears to be increasingly embraced by mutual fund investors and the professional managers of fund portfolios alike.
The terms which, in his inmost heart, each man knows. As I know mine. As all know. For that is the truth of it — that we all know, God, that we know, that we know, we know, we know.
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?
People know what happened in California, and they know it can happen again and again. They know that no group has passed more ballot measures than we have. They know we have a focused strategy. They know we have a budget of $150 million a year. And they know we're ready for a fight.
There are three distinct kind of judges upon all new authors or productions; the first are those who know no rules, but pronounce entirely from their natural taste and feelings; the second are those who know and judge by rules; and the third are those who know, but are above the rules. These last are those you should wish to satisfy. Next to them rate the natural judges; but ever despise those opinions that are formed by the rules.
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.
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.
If you know that all is well, you know all you need to know. And if you know life is supposed to be fun, you know more than almost anybody else knows.
There was a young man who said though, it seems that I know that I know, but what I would like to see is the I that knows me when I know that I know that I know.
First you destroy those who create values. Then you destroy those who know what the values are, and who also know that those destroyed before were in fact the creators of values. But real barbarism begins when no one can any longer judge or know that what he does is barbaric.
Related Authors
Barack Obama Quotes
American
President
Benjamin Franklin Quotes
American
Politician
Cassandra Clare Quotes
American
Author
Deepak Chopra Quotes
American
Speaker
Donald Trump Quotes
American
President
Frederick Lenz Quotes
American
Author
George W. Bush Quotes
American
President
Henry David Thoreau Quotes
American
Author
Hillary Clinton Quotes
American
Politician
Mark Twain Quotes
American
Writer
Noam Chomsky Quotes
American
Activist
Ralph Waldo Emerson Quotes
American
Philosopher
Rick Riordan Quotes
American
Author
Rush Limbaugh Quotes
American
Entertainer
Sherrilyn Kenyon Quotes
American
Writer
Thomas Jefferson Quotes
American
President