For accounting, you only need to be able to add. For finance, you need to be able to understand probability.
What I Know About How You Invest by Terry Odean at Legg Mason Funds Management Investment Conference, 2003 November 7
For accounting, you only need to be able to add. For finance, you need to be able to understand probability.
What I Know About How You Invest by Terry Odean at Legg Mason Funds Management Investment Conference, 2003 November 7