William J. Bernstein Quotes

You Have To Understand Your Own Psychology. You Have To Understand That Human Beings Weren't Really Designed To Invest. We Have All These Emotions That Are Appropriate Responses If You're Being Chased By A Tiger, But They're Terrible Responses If You've Got A 30-year Time Horizon To Think About Investment Or When You're Trying To Manage Investment Over 30 Years.

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