Abnormal Quote by Alan Greenspan

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.

— Alan Greenspan

I think the most fundamental error we make is mistaking a noisy, anomalous event for the norm. This happens all the time - in…

— Stephen J. Dubner

“All statistics have outliers. Money management, therefore, is key to the process of good trading.”

— Yvan Byeajee

In the world I've known most of my life, old stories quickly lose their power over capital markets and get replaced by new surprises.…

— Kenneth Fisher

It's very difficult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets is, "reversion…

— John C. Bogle

In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state…

— George Soros

Whenever you have the kind of market that is taking shape now - a wildly volatile one with big pricing discrepancies - it plays…

— James Russell Lowell

While the apostles of the new so-called "behavioral" theory present ample evidence of how often human beings make irrational financial decisions, it remains to…

— John C. Bogle

The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that…

— Ray Dalio

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.

— Jeremy Grantham

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

— George Soros

Markets tend to always overshoot when they get really ebullient.

— Stephen A. Schwarzman