Quotes Entirely Relevant to Investing

by Mr Juggles

Casual commitments invite casual reversal, exposing portfolio managers to the damaging whipsaw of buying high and selling low. Only with the confidence created by a strong decision-making process can investors sell speculative excess and buy despair-driven value.” [Ed: our emphasis]
-David Swensen, Pioneering Portfolio Management

Past Quotes Entirely Relevant to Investing

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