Skeptical Quotes
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People would be a lot more skeptical if they understood that there is an incredible amount of chance in the results that you observe for active managers. So the distribution of outcomes is enormously wide - but that's exactly what you'd expect by chance with lots of active managers who hold imperfectly diversified portfolios. The really good portfolios contain a lot of really lucky picks, and the really bad portfolios contain a lot of really unlucky picks as well as some really bad ones.
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There are many Americans who regardless of the intelligence or the profound political persuasion of a figure will never vote for a black man. Not all of them are racists; some are skeptical, and some are suspicious.
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Tribulation will not hurt you, unless as it too often does; it hardens you and makes you sour, narrow and skeptical.
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There are only two things one has to bear in mind. One has to be credulous - able to believe - and skeptical - able to not believe, because if you are not skeptical, you will believe rubbish. If you are not credulous you will learn nothing and the only way to balance those two is to recognize the mystery of things.
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If historians are not skeptical, they are nothing.
