Quotes on Average Rate of Return. Quotations

Quotes on Average Rate of Return. Quotations

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"No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy."
Brad Henry, American Politician

"The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is likely to generate over the next several years. Based on the cash flow and asset assessment, they can then arrive at their expected rate of return if they bought a fraction of that business at a given price."
Mohnish Pabrai, Indian Businessman.

"An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can't easily recognize that they are the same."
Daniel Kahneman, Israeli Psychologist.