--- title: "Meaning & Key Takeaway of: There's no statistical evidence that…" description: "\"There's no statistical evidence that human beings have an ability to move in and out of the markets effectively. It's next to impossible.\" — John W. Ro..." image: "https://sms4smile.com/quotes/i/6a9/john-w-rogers-jr-42264_ability_there-s-no-statistical-evidence-that-hum_1850779.jpg" --- # There's no statistical evidence that human beings have an… ![“There's no statistical evidence that human beings have an ability to move in and out of the markets effectively. It's next to impossible.” quote by John W. Rogers, Jr](https://sms4smile.com/quotes/i/6a9/john-w-rogers-jr-42264_ability_there-s-no-statistical-evidence-that-hum_1850779.jpg) [Download](https://sms4smile.com/quotes/i/6a9/john-w-rogers-jr-42264_ability_there-s-no-statistical-evidence-that-hum_1850779.jpg) [Open image](https://sms4smile.com/quotes/i/6a9/john-w-rogers-jr-42264_ability_there-s-no-statistical-evidence-that-hum_1850779.jpg) > “There's no statistical evidence that human beings have an ability to move in and out of the markets effectively. It's next to impossible.” [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Human ability to consistently beat markets is statistically unsupported; success is nearly impossible. **In simple terms:** Beating markets reliably is unlikely. Key Takeaway Accept market randomness, diversify. Themes investment statistics risk skepticism Mood cautious analytical Type advice skeptical When to use this quote - portfolio management - retirement planning - trading strategies Key Concepts economics probability behavioral finance Questions to Reflect On - Do you trust active management? - How do you handle market uncertainty? A Different Perspective Markets can be influenced by skill in short term, but long-term outperformance is rare. ★ ★ ★ ★ ★ No ratings yet [Ability](https://sms4smile.com/quotes/about/ability/) [Human](https://sms4smile.com/quotes/about/human/) [Human beings](https://sms4smile.com/quotes/about/human-beings/) [Investing](https://sms4smile.com/quotes/about/investing/) [Markets](https://sms4smile.com/quotes/about/markets/) ## Related quotes > [Practically everybody (1) overweighs the stuff that can be numbered, because it yields to the statistical techniques they’re taught in academia, and (2) doesn’t…](https://sms4smile.com/quotes/charlie-munger/practically-everybody-1-overweighs-the-stuff-that-can-be-numbered/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I don't think there is any global warming. 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Rogers, Jr > [Financial literacy is just as important in life as the other basics.](https://sms4smile.com/quotes/john-w-rogers-jr/financial-literacy-is-just-as-important-in-life-as-the-other-basics/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [Sports were a big part of my life. I was the captain of the basketball team in high school, and captain of the basketball…](https://sms4smile.com/quotes/john-w-rogers-jr/sports-were-a-big-part-of-my-life-i-was-the-captain-of-the-basketball/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [I don't even have a computer in my office. If I had e-mail, I'd never take the time to read research or absorb information.…](https://sms4smile.com/quotes/john-w-rogers-jr/i-don-t-even-have-a-computer-in-my-office-if-i-had-e-mail-i-d-never/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [I really did believe that the most successful investments were the ones that you could own for the long run.](https://sms4smile.com/quotes/john-w-rogers-jr/i-really-did-believe-that-the-most-successful-investments-were-the/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [Become that rare person where people know that your word is your bond and you're going to do exactly what you say you're going…](https://sms4smile.com/quotes/john-w-rogers-jr/become-that-rare-person-where-people-know-that-your-word-is-your-bond/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [The most important thing is to stay the course - not to get shaken out of the market during a difficult time.](https://sms4smile.com/quotes/john-w-rogers-jr/the-most-important-thing-is-to-stay-the-course-not-to-get-shaken-out/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [My mom was the first African-American woman to graduate from the University of Chicago Law School, in 1946. She had leadership roles in the…](https://sms4smile.com/quotes/john-w-rogers-jr/my-mom-was-the-first-african-american-woman-to-graduate-from-the/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [It is very different trying to help a community organization than trying to sell yourself or sell a product.](https://sms4smile.com/quotes/john-w-rogers-jr/it-is-very-different-trying-to-help-a-community-organization-than/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) > [My father was a Tuskegee Airmen captain in the Air Force and a very strong personality. He believed in fairness and ethics and living…](https://sms4smile.com/quotes/john-w-rogers-jr/my-father-was-a-tuskegee-airmen-captain-in-the-air-force-and-a-very/) [John W. Rogers, Jr](https://sms4smile.com/quotes/author/john-w-rogers-jr/) [Explore all 10 John W. Rogers, Jr quotes ](https://sms4smile.com/quotes/author/john-w-rogers-jr/) ## More Ability quotes > [I don't think there's a direct correlation between my sexuality and my skiing ability. But I think because I was so concerned about it…](https://sms4smile.com/quotes/gus-kenworthy/i-don-t-think-there-s-a-direct-correlation-between-my-sexuality-and/) [Gus Kenworthy](https://sms4smile.com/quotes/author/gus-kenworthy/) > [“the importance of ability. The things that make a great job great, I discovered, are rare and valuable. 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