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Air Quote by Paul Samuelson

“Second, they [those who disagree with market efficiency] always claim…” quote by Paul Samuelson
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“Second, they [those who disagree with market efficiency] always claim they know a man, a bank, or a fund that does do better. Alas, anecdotes are not science. And once Wharton School dissertations seek to quantify the performers, these have a tendency to evaporate into the air - or, at least, into statistically insignificant t-statistics.”

Paul Samuelson

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