Quote for the Week
Someday I’m going to write a piece called “The Perils of Brilliance.” The times I have been most wrong are the times I thought I was most right. You asked me at the beginning about the things I’ve learned from all of this, and I have to repeat: It’s humility. I think the reason I’ve been able to survive 55 years in this business is because I developed humility, at least after 1958. It’s the only way to survive — not necessarily to be the top quartile — but survival is really the name of the game we’re playing with long-term considerations. — Peter Bernstein (source)
From the Archives
Last Call
- Risk Seeking vs. Mitigating – T. Lamade
- Are You an Investment Historian or a Futurist? – J. Rekenthaler
- Large-Growth Stocks Are Overvalued. Small-Value Stocks Are Undervalued. Here’s Why It Matters – L. Swedroe
- Secrets of Family Empires – Behind the Balance Sheet
- Shelf Life – I. Cassel
- Ostrich Bubbles – JSTOR Daily
- Why Everything is Becoming a Game – The Prism
- Advice on My 73rd Birthday – K. Kelly
- Why Do Some People Always Get Lost? – Popular Science