Arbitrage Quote by James O'Shaughnessy
“Arbitrage human nature. It's not going to change any time soon.”
About This Quote
Source Book: “The Manual of Ideas”, 2013
Human nature is resistant to change, especially regarding arbitrage, implying that exploiting market inefficiencies will remain possible.
In simple terms: People rarely change, so arbitrage persists.
Seek lasting market inefficiencies.
Themes
Mood
Type
When to use this quote
- investment strategy
- risk assessment
- long-term planning
Key Concepts
Questions to Reflect On
- How can investors adapt to persistent human biases?
- What new arbitrage opportunities could emerge?
May underestimate future regulatory shifts.