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"The conventional asset-allocation method is like sheet music. It is prescribed, it has right answers and wrong answers and it sounds about the same every time. But jamming is different. Jamming is when you make the music. When you improvise and adapt to conditions. When you are creative."

— John Kao
john kao Quotes Conventional,Sound,Assets

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John Kao
Conventional
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Right Answers
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Asset Allocation
Sheet Music

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An asset allocation plan is based on your personal circumstances, goals, time-horizon, and need and willingness to take risk.

— Michael LeBoeuf

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Have I ever remarked on how completely ridiculous it is to ask high school students to decide what they want to do with the rest of their lives and give them nearly no support in doing so? Support like, say, spending a day apiece watching twenty different jobs and then another week at their top three choices, with salary charts and projections and probabilities of graduating that subject given their test scores? The more so considering this is a central allocation question for the entire economy?

— Eliezer Yudkowsky

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