Eugene Fama Quotes
After taking risk into account, do more managers than you’d see by chance outperform with persistence? Virtually every economist who studied this question answers with a resounding 'no.'
Quotes to Explore
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Risk is the sort of word that is easy to discuss upfront but tough to handle when it comes time to pay the piper. There will always be some who wimp out and second-guess when the pain hits, but that is a childish reaction.
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The risk of the Holocaust is not that it will be forgotten, but that it will be embalmed and surrounded by monuments and used to absolve all future sins.
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In order to be rated as good as a good man in the field of her earnings, she must show herself better than he. She must be more steady, or more trustworthy, or more skilled, or more cheap in order to have the same chance of employment.
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I held a conference in Harvard where Americans said they didn't believe in risk. They thought it was just European hysteria. Then the terrorist attacks happened and there was a complete conversion. Suddenly terrorism was the central risk.
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Solutions are complex, and I continue to worry that Trump didn't fully appreciate the complexity of what's going on. Consequently, I worry about whether he's going to make the problems a whole lot better... But I am a Republican, and we really should give the guy a chance to govern and hope he's successful.
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Cinema is a thankless industry where sometimes to appear on the cinematic scenery is a thing for late bloomers and people who are very patient. The places are accounted, and the space is often unwelcoming. Money is rare, and independent voices are muted by the almost complete absence of risk takers.
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I hadn't stopped fearing the chance of passing on an illness, but that fear had become balanced by the observation that being ill wasn't the same as being beaten.
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Learning is not attained by chance, it must be sought for with ardor and diligence.
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Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk.
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At the risk of sounding really corny now, I'm a career prosecutor. I've been doing this for a very long time. And I believe in holding people responsible when they violate the law. But our sole responsibility is to seek justice. And sometimes that means a very lengthy sentence for people who are dangerous and from which society must be protected.
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If I saw my friend's boyfriend flirting with someone else, I would definitely talk to him about what I saw. I would want to give him a chance to explain. However, depending on how major the flirting was, I would probably mention it to my friend - just to let her know what's going on.
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Well, I think there's not much of a chance for me finding somebody of my age. Gentlemen of my age are dropping down 30 years to find girlfriends.
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I found a belief system that worked for me, and I said, you know what, 'I actually do want to give being with men another chance.'
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The big talent is persistence.
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It is outrageous to know that security procedures are apparently so lax at the Department of Veterans Affairs that a single bureaucrat had the ability to put the personal information of over 26 million Veterans at risk for sale to the highest criminal bidder.
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I am not brave enough to not pay my income tax and risk going to jail. But I can say rather freely what I want to say with my art.
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Retaining culture takes effort and persistence and discipline. It's a commitment, not a flag. You can't just pull it out and wave it about when it's convenient.
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I was approached by friends who encouraged me to run for an open seat - attorney general of Michigan. It was a big risk.
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I'm saying to be a hero is means you step across the line and are willing to make a sacrifice, so heroes always are making a sacrifice. Heroes always take a risk. Heroes always deviant. Heroes always doing something that most people don't and we want to change - I want to democratise heroism to say any of us can be a hero.
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Many pleasant things are better when they belong to someone else. When things belong to others, we enjoy them twice as much, without the risk of losing them, and with the pleasure of novelty.
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I've been in front of the camera since the sonogram.
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To make your own family is just the most empowering thing ever. It's the greatest thing you can ever pull off.
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After taking risk into account, do more managers than you’d see by chance outperform with persistence? Virtually every economist who studied this question answers with a resounding 'no.'
