William J. Bernstein Quote

In fact, using entirely reasonable assumptions, you can make the Dow's discounted market value almost anything you want it to be.


Chapter 2, Measuring The Beast, p. 53. - The Four Pillars of Investing (2002)


In fact, using entirely reasonable assumptions, you can make the Dow's discounted market value almost anything you want it to be.

In fact, using entirely reasonable assumptions, you can make the Dow's discounted market value almost anything you want it to be.

In fact, using entirely reasonable assumptions, you can make the Dow's discounted market value almost anything you want it to be.

In fact, using entirely reasonable assumptions, you can make the Dow's discounted market value almost anything you want it to be.