It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're the lucky manager).


The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk (ed. McGraw Hill Professional, 2000) - ISBN: 9780071362368

William J. Bernstein Quotes

It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're the lucky...

It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're the lucky...

It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're the lucky...

It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're the lucky...