The Niceties Of Existence Were Not A

Investing Is Like Waiting For Paint Dry And Grass Grow So. If You Like Fun, Let Handle 800 Usd And Headed To Las Vegas

If We Made An Income Pyramid Out Of A Child's Blocks, With Each Layer Portraying $1,000 Of Income, The Peak Would Be Far Higher Than The Eiffel Tower, But Almost All Of Us Would Be Within A Yard Of The Ground.

We Are Like Highly Trained Athletes, Who Never Run A Race.

The Debate Can Be Put In The Form Of The Question: Resolved, That The Best Of Money Managers Cannot Be Demonstrated To Be Able To Deliver The Goods Of Superior Portfolio-selection Performance. Any Jury That Reviews The Evidence, And There Is A Great Deal Of Relevant Evidence, Must At Least Come Out With The Scottish Verdict: Superior Investment Performance Is Unproved.

First, Those Who Disagree With Market Efficiency Simply Assert That It Stands To Common Sense That Greater Effort To Get Facts And Greater Acumen In Analyzing Those Facts Will Pay Off In Better Performance Somehow Measured. (by This Logic, Cure For Cancer Must Have Been Found By 1955).