Burton Malkiel Quotes
I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance.
Quotes to Explore
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Shattered dreams, worthless years, here I am encased in a hollow shell. Life began, then was done, now I stare into a cold and empty well.
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Grow up? Get herself straightened out? Her mind reeled from the verbal battering. No matter what she did, her father would tell her she was wrong. Worthless. Undeserving.
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Worthless persons appointed to have supreme control of weighty affairs do a lot of damage.
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He who cannot see the truth for himself, nor, hearing it from others, store it away in his mind, that man is utterly worthless.
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If a theory can not be explained to a child, then the theory is probably worthless.
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The currency of this world will be worthless at our death or at Christ's return, both of which are imminent.
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Almost any idea is good if a man has ability and is willing to work hard. The best idea is worthless if the creator is a loafer and ineffective.
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Ideas are worthless. Execution is everything.
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Conviction is worthless unless it is converted into conduct.
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My dear soul, flee from the worthless, stay close only to those with a pure heart. Like attracts like. A crow will lead you to the graveyard, a parrot to a lump of sugar.
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He must have smart, well-trained people to run day-to-day activities. He must check up on them and make sure the job is getting done while he stacks the deck for future success.
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Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable.
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All the worldly trappings of kingship were worthless frippery when it came to the soul.
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The large majority of the Negroes who have put on the finishing touches of our best colleges are all but worthless in the development of their people.
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I have younger friends who are in this pinch where they feel they've been counted out before they've had a chance to prove themselves. They've inherited a lot of debt - not just student debt but environmental debt, political debt. They really feel squeezed.
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If atomic bombs are to be added as new weapons to the arsenals of a warring world, or to the arsenals of nations preparing for war, then the time will come when mankind will curse the names of Los Alamos and Hiroshima. The people must unite, or they will perish.
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I have a strong preference for being alive.
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Well, I can certainly see why we're trying to keep them alive. Who wouldn't want pets that can burn, sting, and bite all at once?
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He'll love and hate equally under cover, and esteem it a species of impertinence to loved or hated again.
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For students in Iowa, I think it sends the wrong message. I think it undermines our credibility when in one area we have the authority to set standards, we have such a minimum that is, in my opinion, embarrassing.
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You don't solve anything ever, really. You simply state a problem which, when you're lucky, gives you some idea of what possible problems you can - it indicates, you know, your future headaches.
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In that instant they felt an overwhelming sense of pride and accomplishment. Though they had failed dismally even to come close to the expedition's original objective, they knew now that somehow they had done much, much more than ever they set out to do.
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Ain't it funny what people say? Ain't it funny what people write?
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I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance.
