Category: Great Quotes
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Learning isn’t the same as being taught
I think an independent thinker learns what he or she wants to know, while others must be taught. For example, the most intelligent humans are those who didn’t need someone to teach them formally, they… Read More
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The essence of investment management is the management of risks…
“The essence of investment management is the management of risks, not the management of returns.” – Benjamin Graham The problem is many portfolio managers believe they manage risk through their investment selection. That is, they believe their rotation… Read More