William Bernstein Figures That Competent Investors are Rare
William Bernstein, who maintains the website Efficient Frontier, has written many interesting articles over the years and has a new book coming out soon, The Investor’s Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
Bernstein calculates that as few as one person in ten thousand has the full skill set to manage money tolerably well. Steve Hsu at the Information Processing website (source below) has listed the four requisite skills Bernstein mentions.
Source:
http://infoproc.blogspot.com/2009/10/efficient-frontier-and-william.html
***
Related Posts
-
Mary Ann Bartels Explains The Thesis of the Secular BullMary Ann Bartels, CIO at Bank of America -...
- January 7, 2018
-
Jeff Saut Bullish on Prospects for Stocks in 2018Jeff Saut, chief investment strategist at Raymond James, was...
- December 30, 2017
-
Jeffrey Gundlach: Commodities Are CheapJeffrey Gundlach, DoubleLine Capital LP CEO & co-founder, told...
- December 14, 2017
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
