7+ Peter L. Bernstein Quotes And Sayings

Following is our list of the best Peter L. Bernstein quotes and sayings.

The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome. — Peter L. Bernstein

The revolutionary idea that defines the boundary between modern times and the past is the mastery of risk: the notion that the future is more than a whim of the gods and that men and women are not passive before nature. — Peter L. Bernstein

The Gods are unkind and deny us knowledge of what the future holds — Peter L. Bernstein

Gambling has held human beings in thrall for millennia. It has been engaged in everywhere, from the dregs of society to the most respectable circles. — Peter L. Bernstein

The prospect of getting rich is highly motivating, and few people get rich without taking a gamble. — Peter L. Bernstein

The word 'risk' derives from the early Italian risicare, which means 'to dare'. In this sense, risk is a choice rather than a fate. The actions we dare to take, which depend on how free we are to make choices, are what the story of risk is all about. And that story helps define what it means to be a human being. — Peter L. Bernstein

What if I am wrong? Any rational investment plan has to start with that question. — Peter L. Bernstein