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0全部の名言 When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
0全部の名言 Outperforming the market with low volatility on a consistent basis is an impossibility. I outperformed the market for 30-odd years, but not with low volatility.
0全部の名言 The scope for improvement is infinite, precisely because perfection is unattainable.
0全部の名言 There is always a divergence between our perception and what actually exists.
0全部の名言 The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
0全部の名言 Investing is about predicting the future, and predicting the future is about patterns.
0全部の名言 I have made my share of mistakes. There is no shame in admitting them and learning from them.
0全部の名言 Capitalism is not perfect, but it offers the best chance for progress and prosperity.
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