Eugene Fama Quotes
The distribution of the market is fat-tailed relative to the normal distribution... For passive investors, none of this matters, beyond being aware that outlier returns are more common than would be expected if return distributions were normal.

Quotes to Explore
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I know what I want, I want things for myself, but I think the key to life is somebody to love, something to do and something to look forward to. I don't think it's complicated.
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I'm very interested to see how this new painting will go - I know I want it big and stark, and as I said, I follow the muse, and that's when it always works perfectly for me.
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Murder is about power and the more powerful women get the more it will change the good that they do and the bad that they do.
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Free speech carries with it some freedom to listen.
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Every kind of book I've written has been written in a different way. There has not been any set time for writing, any set way, I haven't re-invented the process every time but I almost have.
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Strangely, charity sometimes gets dismissed, as if it is ineffective, inappropriate or even somehow demeaning to the recipient. 'This isn't charity,' some donors take pains to claim, 'This is an investment.' Let us recognize charity for what it is at heart: a noble enterprise aimed at bettering the human condition.
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Maybe you know it but it's not so easy to finance movies in total. And the reason I am able to do these kind of movies is I have a tax shelter fund in Germany, and if you invest in a movie in Germany you get basically fifty percent back from the government.
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I believe in horoscopes. I was born under the sign of the Ram, which means I'm headstrong, don't like people telling me what to do.
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The nations which have received and in any way dealt fairly and mercifully with the Jew have prospered, and the nations that have tortured and oppressed him have written out their own curse.
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What we have ignored is what citizens can do and the importance of real involvement of the people versus just having somebody in Washington make a rule.
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I also began hearing the lyrics. A friend suggested I talk to a producer.
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If I wait for someone else to validate my existence, it will mean that I’m shortchanging myself.
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There would be this algebraic equation with an equals sign in the middle, and all the components would have different letters of the alphabet. It would come out right with x+z^2+t/q=y+co, and the co would be clothes off!
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I'm not saying that McDonald's gift certificates caused the obesity epidemic, but in retrospect, the timing is kind of suspicious.
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A storm was brewing. The wind has picked up and a mass of purple clouds was coming in from the West. It felt good to have my hair whipping around my head. I thought it might feel good to have hail beat down on me. Sometimes storms outside are the only relief for storms inside.
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Painters and poets are obliged to exaggerate the proportions of their figures in order to give true perspective.
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People around me like me the best when I'm depressed because I'm a bit more passive.
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I have forgotten my rave reviews and memorized my vicious ones - like most writers.