William J. Bernstein Quote

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


The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between (ed. 2009)


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

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

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

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