First, those who disagree with market efficiency simply assert that it stands to common sense that greater effort to get facts and… — Paul Samuelson Copy Share Image
Second, they [those who disagree with market efficiency] always claim they know a man, a bank, or a fund that does do… — Paul Samuelson Copy Share Image
The sad truth is that it is precisely those who disagree most with the hypothesis of efficient market pricing of stocks, those… — Paul Samuelson Copy Share Image
Economists are said to disagree too much but in ways that are too much alike: If eight sleep in the same bed,… — Paul Samuelson Copy Share Image
Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does. — Paul Samuelson Copy Share
When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave… — Paul Samuelson Copy Share
Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society.… — Paul Samuelson Copy Share
That's what I would like to do until the end of time, to go on scribbling my articles on the third floor of the… — Paul Samuelson Copy Share
Contrary to what many skeptics had earlier believed, the Soviet economy is proof that a socialist command economy can function and even thrive. — Paul Samuelson Copy Share
To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns… — Paul Samuelson Copy Share
Even if this advice to portfolio decision makers to drop dead is good advice, it obviously is not counsel that will be eagerly followed.… — Paul Samuelson Copy Share
Perhaps there really are managers who can outperform the market consistently - logic would suggest that they exist. But they are remarkably well-hidden. — Paul Samuelson Copy Share
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support. — Paul Samuelson Copy Share
In every mutual fund prospectus, in every sales promotional folder, and in every mutual fund advertisement (albeit in print almost too small to read),… — Paul Samuelson Copy Share
I don't care who writes a nation's laws-or crafts its advanced treaties-if I can write its economics textbooks — Paul Samuelson Copy Share
It isn't that greed's increased. What's increased is the realization that you've got a free field to reach out for what you'd like to… — Paul Samuelson Copy Share
Forsake search for needles that are so very small in haystacks that are so very large. — Paul Samuelson Copy Share
The problem is no longer that with every pair of hands that comes into the world there comes a hungry stomach. Rather it is… — Paul Samuelson Copy Share
![“Second, they [those who disagree with market efficiency] always claim they know a man, a bank, or a fund that does do better. Alas, anecdotes are not science. And once Wharton School dissertations seek to quantify the performers, these have a tendency to evaporate into the air - or, at least, into…” quote by Paul Samuelson](https://sms4smile.com/quotes/i/9d4/paul-samuelson-9078_air_second-they-those-who-disagree-with-mark_2644032.png)
