A Quote by Michael Jensen
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.
Related Quotes
I believe that the ability to innovate and to be creative are teachable processes. There are ways by which people can systematically innovate or systematically become creative.
We've had a difficult legacy of 40 years, and cleaning up is not going to be a one day job. But we are engaged in a systematic effort, we have not allowed formation of new militia groups, and we are reforming the local police systematically so that there won't be abuse.
It`s a difficult thing for a city to be sued by the department of justice and to be told that your police department is systematically failing to serve the people of the state or the city.
Strategic planning is the continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity; organizing systematically the efforts needed to carry out these decisions; and measuring the results of these decisions against the expectations through organized, systematic feedback.
Young Indians are energetic and ambitious, have lots of ideas. They work around the difficult situation they face here. But the big challenge is to market products and services to the West, because costs there aren't coming down.
Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
One of the really powerful things that's going on in this country right now in 2017 is watching attorney generals like Eric Schneiderman in New York and Maura Healey in Massachusetts take on the oil companies that systematically have lied. Exxon is mainly in the crosshairs right now. That have systematically lied for a quarter century.
We are difficult. Human beings are difficult. We’re difficult to ourselves, we’re difficult to each other.
The trend of the market is up, not down. Shorting stocks puts you against that trend and thus makes it more difficult to make money.
When you have a perfect free market, it's difficult to predict the future. But when you have a market that is disturbed by government manipulations and money-printing, it's impossible to make any predictions.
In these difficult times, when tough decisions are required, the differences between Labour and the Tories are becoming much clearer. One party believes in intervention to reduce social and economic costs and the other believes in market forces and letting things take their course.
It's difficult to make your clients understand that there are certain days that the market will go up or down 2%, and it's basically driven by algorithms talking to algorithms. There's no real rhyme or reason for that. So it's difficult. We just try to preach long-term investing and staying the course.
It is clear that we must trust what is difficult; everything alive trusts in it, everything in Nature grows and defends itself any way it can and is spontaneously itself, tries to be itself at all costs and against all opposition. We know little, but that we must trust in what is difficult is a certainty that will never abandon us; it is good to be solitary, for solitude is difficult; that something is difficult must be one more reason for us to do it.
One of the most difficult things in the world is to convince a woman that even a bargain costs money.
Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end.
A lot of businessman come into football find it difficult. They think because they have more money to throw at it, that will work. Of course money helps but it doesn't guarantee success.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist