Scott Kahan Quotes on People (11 Quotes)

People may have a better feeling psychologically than they did at the end of the year. They're a little more comfortable. So this is a good time to do a self-assessment.

People shouldn't chase returns. The average investor looks back at returns and buys based on performance. But people have to look at the worst-performing sectors, not the best-performing ones. That's where the smart investor goes.

People tend to believe that whatever is doing well at the moment will always do well. In the 1990s everybody said value investing was dead and never to return, but managers who stuck to their guns obviously proved that wasn't the case.

A lot of people just look at how the fund did last year and the Morningstar stars, but that's just the tip of the iceberg.

People should look at this market as a great learning experience. The best learning experience of how much risk you want to take is going through a down market.

People look at technology like it's a shining star, but it's no different than any other sector. A few good years can really pull up the averages. But a few bad years can really pull down the averages.

People who get hurt the most are buying a handful of stocks. People who have been throwing money at the SP 500 have to be disappointed now.

It's been a hard lesson for some, and a good lesson for most people.

What happens is when something does well, people throw money at it.

With a 401(k), people don't realize how much they can save in taxes. They're clueless.

Young people are always afraid to commit money long-term.