decade-examples-bright-people-better-mousetrap-could-consistently-abnormal

This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.

Alan Greenspan
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Alan Greenspan's Popular Quotes

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

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Deficit spending is simply a scheme for the confiscation of wealth.

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Amateurs want to be right. Professionals want to make money.

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I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you …

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The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contai…

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If I've made myself clear, I've misspoken.

- Alan Greenspan
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