Concerned Quote by Eugene Fama

Here is a dirty little secret: Stock-picking is wildly overrated. Sure, it makes for great cocktail party chatter, and what is more fun than…

— Barry Ritholtz

The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I…

— Eugene Fama

Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can…

— Warren Buffett

The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because…

— Peter Lynch

If you're trading individual securities, you're almost certainly making a mistake. Because most professional managers can't outperform their benchmarks, and there's little reason to…

— Richard Thaler

Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good…

— Warren Buffett

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

In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses.

— John C. Bogle

The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain…

— Jeremy Grantham

Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things like horse…

— James Surowiecki

Some investments do have higher expected returns than others. Which ones? Well, by and large they're the ones that will do the worst in…

— William Forsyth Sharpe

“In the short run, however, stock returns are very volatile, driven by changes in earnings, interest rates, risk, and uncertainty, as well as psychological…

— Jeremy J. Siegel