William Forsyth Sharpe Quotes
Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to refute this principle are guilty of improper measurement.
William Forsyth Sharpe
Quotes to Explore
That was one of my most surprising discoveries when I dug into the history of average-ism: When you actually get the data, it rarely captures anyone. Which then begs the question, why are we using this as a reference standard for human beings?
L. Todd Rose
The Age of Average gave us a lot. Take clothing: We've all benefited remarkably from large, medium and small sizes making things affordable and available, but when it really counts - the wedding gown and the pressurized fighter pilot suit - it's bespoke all the way.
L. Todd Rose
When you cannot answer a skeptic, be content to wait for more light; but never forsake a great principle.
J. C. Ryle
The biggest engineering companies, like Schlumberger, Halliburton and others, have technology they spent billions of dollars developing.
Vagit Alekperov
Evolution by natural selection is not an idle hypothesis. The genetic variation on which selection acts is well understood in principle all the way down to the molecular level.
E. O. Wilson
The federal government began investigating allegations of fraud against the Coalition Provisional Authority, a U.S. contractor accused in a bid-rigging operation involving millions of dollars. Asked to comment, a spokesperson for Halliburton said, 'Millions? With an M? That is adorable.'
Amy Poehler
Experience and the constant analysis of the most varied positions builds up a store of knowledge in a player's mind enabling him often at a glance to assess this or that position.
Alexander Kotov
If the small government concept grows, we have fewer dollars leaving our pockets, we have more folks motivated to make a profit.
Tim Scott
I always do like to write love stories, even if they end tragically.
Andrew Davies
By writing this, knowing that there was a chance he'd read it, i was up to my old tricks. Was I not sending an open letter hoping for some kind of response, in return?
Catherine Sanderson
We [H&M] believe that growth, profit and sustainability are not contradictory. Our ambition is to be a fair and profitable company, because otherwise we couldn't open any new stores, we couldn't produce new designs and no new jobs would be created. H&M would soon cease to exist.
Karl-Johan Persson
Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to refute this principle are guilty of improper measurement.
William Forsyth Sharpe
