A Quote by William J. Bernstein

When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.

William J. Bernstein

Quote Topics

Fund Hero Managers Market Next Next Year Turns Year Zero

Quote Author

William J. Bernstein
Born: 1954

Entire populations of market strategists, fund managers, and economists are employed to try and intuit for clients which securities to bet on for the best possible return each year - or quarter.

Kelly Evans

Active investment is a zero-sum game. Passive managers don't play the game. They buy something resembling the market as a whole, or some segment of the market, and they don't respond to the actions of active managers.

Eugene Fama

My social status in the last year has gone from zero to hero.

Nell Zink

I think there are probably too many hedge fund managers in the world, as well as active fund managers. The hedge fund industry is very efficient. We see a lot of hedge funds open and a lot close. It's very binary. You either succeed or fail in the hedge fund world. If you succeed, the amount the managers make it beyond most people's wildest dreams of wealth.

Martin Gilbert

You go to the Super Bowl in your second year and you're like, 'OK, cool. I'll be back next year or the year after that.'

Julius Peppers

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance.

Barry Ritholtz

My contract is just for this year, but I have an option for next year. It is not signed at this moment, but I am only concentrating on this year. I don't know exactly what I will do in the future.

Jean Alesi

The Fed is on hold at least through the election but I think we'll get a little more tightening at the start of next year. I think, for the time being, we have a soft landing. But I think the reality is the stock market rally will probably add a little fuel to the economy and the tightening will return next year.

William C. Dudley

I'm not a career filmmaker. I just like to do things that I still kind of believe in and because of that you just never know what's going to happen next. It doesn't matter if it's been a good year or a bad year: next year, there's no telling what it will be like.

Peter Mullan

The fund scandals shined the spotlight on the fact that mutual fund managers were putting their interests ahead of the fund shareholders who trusted them, which had much more substantial consequences in the form of excessive fees and the promotion - as the market moved into the stratosphere - of technology funds and new economy funds which were soon to collapse.

John C. Bogle

With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.

Warren Buffett

I've intentionally played things very straight with Batman. I didn't want to be too jarring for fans. Zero Year accommodates a bit more style. But, on the whole, I feel Batman - a stoic, methodical, detective - is better served a wee bit reserved. And, I'm anything but comfortable. Zero Year is pressure, man.

Greg Capullo

That year I went to Miss America, that was the first year I had competed in an adult pageant, if you could call it that. So it was zero to 60.

Shannon Bream

I feel that this is my first year, that next year is an election year, that the third year is the mid point, and that the fourth year is the last chance I'll have to make a record since the last two years; I'll be a candidate again. Everything I do in those last two years will be posturing for the election. But right now I don't have to do that.

Dan Quayle

I have talked about the deterioration of the atmosphere between Washington and Moscow. It was quite clear that in the year 1980, which at the same time was an election year in America, these negotiations would not go very far, but immediately after the start of the Reagan administration we in Bonn started to try influencing them on the medium-range nuclear weapons negotiations, and we told them that in our view the best outcome would be zero-zero, zero on either side.

Helmut Schmidt

Our notion of an optimist is a man who knowing that each year was worse than the preceding, thinks next year will be better. And a pessimist is a man who knows the next year can't be worse than the last one.

Franklin P. Adams

A Quote by William J. Bernstein

Quote Topics

Quote Author

Related Quotes

Related Authors