To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that… — Paul Samuelson Copy Share Image
Even if this advice to portfolio decision makers to drop dead is good advice, it obviously is not counsel that will be… — Paul Samuelson Copy Share Image
Perhaps there really are managers who can outperform the market consistently - logic would suggest that they exist. But they are remarkably… — Paul Samuelson Copy Share Image
In every mutual fund prospectus, in every sales promotional folder, and in every mutual fund advertisement (albeit in print almost too small… — Paul Samuelson Copy Share Image
Forsake search for needles that are so very small in haystacks that are so very large. — Paul Samuelson Copy Share Image
This message (that attempting to beat the market is futile) can never be sold on Wall Street because it is in effect… — Paul Samuelson Copy Share Image
The debate can be put in the form of the question: Resolved, that the best of money managers cannot be demonstrated to… — Paul Samuelson Copy Share Image
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
Suppose it was demonstrated that one out of twenty alcoholics could learn to become a moderate social drinker. The experienced clinician would… — Paul Samuelson Copy Share Image
There is something in people; you might even call it a little bit of a gambling instinct… I tell people investing should… — Paul Samuelson Copy Share Image
Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market… — Paul Samuelson Copy Share Image
Anyone with special abilities earns a differential return on that flair, which we economists call a rent. Those few with extraordinary P.Q.… — Paul Samuelson Copy Share Image
The recent market run-up that appreciated run-of-the- mill shares also chanced to send up those token gold holdings. Pure luck, undeserved and… — Paul Samuelson Copy Share Image
The failure of market catallactics in no way denies the following truth: given sufficient knowledge the optimal decisions can always be found… — Paul Samuelson Copy Share Image
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas. — Paul Samuelson Copy Share Image
Investing is like waiting for paint dry and grass grow so. If you like fun, let handle 800 USD and headed to… — 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
Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by… — 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 Image
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 Image
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 Image
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 Image
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 Image
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 Image
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 Image
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 Image
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support. — Paul Samuelson Copy Share Image
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 Image
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 Image
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![“When the economy was going up, [Milton Friedman and I]…” quote by Paul Samuelson](https://sms4smile.com/quotes/img-quotes/0e0/paul-samuelson-9078_advice_when-the-economy-was-going-up-milton-fri_107897.jpg)
