Money Managers Quotes

“Being net value adders puts us better positioned for long-term growth and longevity – because in the long term, capital flows to net value adders.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“Annual performance means nothing to individual investors.”
― Naved Abdali

“This tendency of overconfidence and poor outcomes is not confined to only retail investors. Institutional investors suffer from overconfidence equally if not more, and their investment results are not superior either.”
― Naved Abdali

“Trading is not only a zero-sum game but an aggregate negative after deducting the trading cost and research expenses. Somebody’s gain is somebody’s loss, so the professional traders win the game because they have significant advantages over retail traders.”
― Naved Abdali