Customer Quote by Louis Bachelier
“There is no useful information contained in historical price movements of securities.”
About This Quote
Source Book: Théorie de la spéculation, 1900
Historical price data alone doesn’t predict future market moves; markets are random.
In simple terms: Past prices don’t guarantee future results.
Focus on fundamentals, not just charts.
Themes
Mood
Type
When to use this quote
- trading strategies
- investment decisions
- risk management
Key Concepts
Questions to Reflect On
- Do you rely on technical analysis?
- How do you assess market risk?
Ignoring patterns can miss emerging trends.