Top 3 Quotes & Sayings by Michael Jensen

Explore popular quotes and sayings by an American economist Michael Jensen.

Last updated on December 22, 2024.

Michael Cole "Mike" Jensen is an American economist who works in the area of financial economics. Between 2000 and 2009 he worked for the Monitor Company Group, a strategy-consulting firm which became "Monitor Deloitte" in 2013. He holds the position of Jesse Isidor Straus Professor of Business Administration, Emeritus, at Harvard University.

American - Economist | Born: November 30, 1939

Source: Wikipedia

It is difficult to systematically beat the market. But it is not difficult to systematically throw money down a rat hole by generating commissions and other costs.

Michael Jensen

There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life.

Michael Jensen

Very little evidence was found that any individual fund was able to do significantly better than that which we expected from mere random chance.

Michael Jensen