Advertisements Quote by Paul Samuelson

“Past performance is no indication of future results”

— Sylvie Fox

I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of…

— Burton Malkiel

History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.

— David Dreman

Mutual funds with superior performance records often falter.

— John C. Bogle

A Financial Research Corporation study determined that the expense ratio is the only reliable predictor of future mutual fund performance.

— Michael LeBoeuf

While most managers spend their time attempting to predict the future accurately - and while that's valuable - the best managers are able to…

— Werner Erhard

When you try to predict future E.R.A.'s with past E.R.A.'s, you're making a mistake.

— Nate Silver

“If the management has not performed well in their bad times in the past, chances are they will not perform well in their good…

— Vijay Kedia

“If there's a proven track record, the odds are higher that success can be repeated. This is what we investors always hope for.”

— Ziad K. Abdelnour

“Once in a while, however, the future turns out to be very different from the past. It’s at these times that accurate forecasts would…

— Howard Marks

It is wise to remember that too much success in the stock market is in itself an excellent warning.

— Gerald M. Loeb

Mutual fund manager performance does not persist and the return of stock picking is zero.

— William J. Bernstein