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.
There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the litera… - Michael Jensen
There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the litera…
- 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 an… - 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 an…
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
Very little evidence was found that any individual fund was able to do significantly better than that which we expected from mere random chance.
Login to join the discussion
Login to join the discussion