Bill Bernstein is one of my favorite authors. I loved his book “A Splendid Exchange” and recently read “The Investors Manifesto” as I began piecing together a thesis on investments.
I am glad I reached out to him as he’s among the friendliest people I’ve had the fortune to meet. The interview was full of funny quips and piercing insight.
A few of my favorites quotes from Bill –
‘Now the other thing you learn from financial history that may be the most valuable is that the best fishing is done in the most troubled waters.’
‘Show me a person who works 70 or 80 hours a week and I’ll show you a person who’s never had an original thought in their life because you just don’t have the time to have them.’
‘The times that I was most productive were actually the times that I was working the least and I had the most free time.’
‘Careers are grossly overrated. If you really want to accomplish something, don’t put yourself into a deep, long rut. It’s going to eat up decades and decades of your life. You have to do whatever the heck it is you want to do.’
Full transcript on RealLeaders.tv as always. Enjoy!
A Learning a Day 