Wall Street & FinanceAs published
“In order to be successful, you have to make sure that being rejected doesn't bother you at all.
— Bill Ackman
Hedge fund manager
About this quote
- Attributed to
- Bill Ackman
- Attribution status
- As published
Photo: Dietmar Rabich · CC BY-SA 4.0 · source · Portrait: Senate Democrats (CC BY 2.0)
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Rules for success
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“Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
— Warren Buffett
