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Whatever is cheap became cheap by treating us badly in the past, but is priced to deliver superior returns.

Robert D. Arnott

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Robert D. Arnott
Age: 70
Born: 1954
Born: June 29
Businessperson
Writer
Chicago
Illinois
Badly
Superior
Superiors
Priced
Became
Treating
Return
Returns
Whatever
Deliver
Past
Cheap

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Many investors prefer comfort, chasing what is popular and loved, rather than pursuing what is out of favor. The markets do not reward comfort.
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The most treasured asset in investment management is a steady hand at the tiller.
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