A Quote by John C. Bogle
Have rational expectations for future returns and avoid changing those expectations in response to the ephemeral noise coming from Wall Street.
Related Quotes
The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
If I fulfill YOUR expectations, how am I going to transform you? I have to DESTROY your expectations. I have to destroy the very mind that creates those expectations. If you come to me, never come with expectations, otherwise you will be disappointed - because I have no obligation to fulfill your expectations in any way. In fact, if I see that there are some expectations, I do things DELIBERATELY to destroy those expectations. That is the price you have to pay to be with me.
Reputation is fine but you have to keep justifying it. In a sense, it makes it harder because people's expectations of you are higher. So, you have to fulfill those expectations. Or, try to exceed those expectations. But, it becomes more difficult as time goes on.
I think people in Europe are generally pessimistic about the future. They have low expectations; they're not working hard to change things. When you're a slacker with a pessimistic view of the future, you're likely to meet those expectations.
I like expectations, with expectations, you have people coming at you from a place of doubt.
In the 20th century there's was the long-running division in the Republican Party between what was known as Wall Street and Main Street Republicans. And sort of different expectations about the use of the federal government.
Do you think that we're products of our environments? I think so, or maybe products of our expectations. Others' expectations of us or our expectations. I mean others' expectations that you take on as your own. I realize how difficult it is to seperate the two. The expectations that others place on us help us form our expectations of ourselves.
I'm aware of how pop culture really infiltrates your expectations in a way that even if you think you're savvy about pop culture, it's so hard not to have these expectations of what a relationship should be. So I constantly feel like I have to bat those expectations down.
The challenge we face as a government is meeting expectations - not specific expectations, but the larger expectations: things that need to be changed and that Narendra Modi will do it as though he has a magic wand.
I don't think expectations will change as a player or as a captain. We have discussions and people who have played the game for long definitely express their views in a team meeting and I don't see that changing much. But the expectations would be to ensure that we are consistent.
The first step in exceeding your customer's expectations is to know those expectations.
People who come to see me have expectations. If I don't live up to those expectations, I'd be a failure.
You never go into a marriage expecting to get divorced. You go into a marriage expecting it's going to last forever, and you have a lot of ways you dream about the future. You have all these expectations, and then you have to adjust those expectations, and it can be a very unnerving, confusing time.
Anytime we're interacting with someone, we're judging them, we're sharing expectations, we think they didn't live up to those expectations.
We had a bunch of models for user adoption of Robinhood Gold. The data team had some silly names for a range of adoption levels: 'Mediocre expectations,' 'middle-of-the-road expectations' and 'great expectations.' The numbers we ended up with were significantly higher than 'great expectations.'
The expectations of the viewer are what you're asking about. And the expectations of the viewer are manifold. However, they are very fixed, given who I am in the world. People have certain expectations of me as an artist.
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