IFA.tv - Quote of the Week #40

http://ifaquote.com "No one in his right mind would walk into the cockpit of an airplane and try to fly it, or into an operating theater and open a belly. And yet they think nothing of managing their retirement assets. Ive done all three, and Im here to tell you that managing money is, in its most critical elements (the quota of emotional discipline and quantitative ability required) even more demanding than the first two."
-William Bernstein, July/August Journal of Indexes, also the author of The Intelligent Asset Allocator, 2000 and The Four Pillars of Investing, 2002
-Backtested Disclosure: http://ifabt.com

Category:

Education

Tags:

• investing
• index funds
• mark hebner
• index fund
• actively managed
• dfa fund
• dfa advisor
• fama
• fama and french risk
• investments
• value investing

[bradjvg]

Solid information - excellent presentation.