A Quote by Paul McCulley

Remember, benchmark performance -- beta -- can be had for virtually free; alpha is what active managers are paid to generate.

Paul McCulley

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Active Alpha Benchmark Beta Free Generate Had Managers Paid Performance Remember Virtually

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Paul McCulley
American - Author
Born: March 13, 1957

When you read a book, you generate beta waves irrespective of the book's content. But if you look up from it, and start watching TV - it doesn't matter what the content of the program is - the beta waves disappear and you start processing alpha and theta waves. These are the same waves that you generate during meditation. Reading is primarily left hemisphere and watching television is primarily right hemisphere. Now how could that not have a major effect on our culture?

Leonard Shlain

He then proceeded to shout at Alpha and Beta, a sign that he was in a genuine good mood. They took it as calmly as ever, in spite of the fact that he accused them of things I'm sure no donkey has ever willingly done, especially not Beta, who possessed impeccable moral character.

Patrick Rothfuss

As a result of overdiversification, their (active managers) returns get watered down. Diversification covers up ignorance. Active managers haven't done enough research into any of their companies. If managers have 200 positions, do you think they know what's going on at any one of those companies at this moment?

Bill Ackman

It was very early, and we were still like beta or alpha stage, and so we started receiving a ton of download. The server became overloaded, and that's when I realized that this had a huge market.

Shawn Fanning

When you're in a major market downturn, the beta eats the alpha.

Jeffrey Gundlach

Active investment is a zero-sum game. Passive managers don't play the game. They buy something resembling the market as a whole, or some segment of the market, and they don't respond to the actions of active managers.

Eugene Fama

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance.

Barry Ritholtz

A managed democracy is a wonderful thing... for the managers... and its greatest strength is a 'free press' when 'free' is defined as 'responsible' and the managers define what is 'irresponsible'.

Robert A. Heinlein

Each emission of an alpha or beta ray accompanies the transmutation of an atom; the energy communicated to these rays comes from inside the atom.

Irene Joliot-Curie

I had PubLIZity, I had Oh, Hello, I had Bobby and Farley - all of these sketches that were really these duo sketches, but the relationship between them is really what catapulted them forward. A lot of that, I think, came from Wayne and Garth, these two similar guys - they're Midwestern metal guys - but in the end, they're quite different because there's an alpha and a beta. And I think that model became very present for me on Kroll Show.

Nick Kroll

When I was at MIT, they had a beta test of Mosaic, the first popular browser. I remember looking at it, and there was a weather map or something. Now, in fairness to me, there weren't any websites then. But I remember saying, 'This is stupid - what's the point?' Now, of course, it's obvious.

Austan Goolsbee

One of my aims was to be paid as well as a plumber. Plumber was better-paid than any performance artist who was always doing this for free. It is so important to make a good living from art. You know, John Cage, until he was 60, he couldn't pay electricity.

Marina Abramovic

My 70 days of torture began in Camp India. The camps in Gitmo are named by letters. A is for Alpha, B for Beta, C for Charlie and so on. I is for India. It is a torture block.

Mohamedou Ould Slahi

Beta males and females historically fare poorly in anchor positions, and whoever has the dominate, or more alpha, personality will always win out in spoken word count simply because they don't wait for an opening.

Dana Loesch

Alpha children wear grey. They work much harder than we do, because they're so frightfully clever. I'm awfully glad I'm a Beta, because I don't work so hard. And then we are much better than the Gammas and Deltas. Gammas are stupid. They all wear green, and Delta children wear khaki. Oh no, I don't want to play with Delta children. And Epsilons are still worse. They're too stupid to be able to read or write. Besides they wear black, which is such a beastly color. I'm so glad I'm a Beta.

Aldous Huxley

I mean, they call it Stockholm Syndrome and post traumatic stress disorder. And, you know, I had no free will. I had virtually no free will until I was separated from them for about two weeks.

Patty Hearst

A Quote by Paul McCulley

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