Answers Quote by Paul Samuelson

“The recent market run-up that appreciated run-of-the- mill shares also chanced to send up those token gold holdings. Pure luck, undeserved and unlikely to reoccur. Good questions outrank easy answers.”

Paul Samuelson

★ ★ ★ ★ ★ 3.1 out of 5 (7 ratings)

Answers Appreciated Easy Easy answers Gold Good questions Investing Luck Mills Pure Running Share Tokens Unlikely

More by Paul Samuelson

Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.

Paul Samuelson

Image

We are like highly trained athletes, who never run a race.

Paul Samuelson

Image

When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave…

Paul Samuelson

Image

Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society.…

Paul Samuelson

Image

That's what I would like to do until the end of time, to go on scribbling my articles on the third floor of the…

Paul Samuelson

Image

Contrary to what many skeptics had earlier believed, the Soviet economy is proof that a socialist command economy can function and even thrive.

Paul Samuelson

Image

To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns…

Paul Samuelson

Image

Even if this advice to portfolio decision makers to drop dead is good advice, it obviously is not counsel that will be eagerly followed.…

Paul Samuelson

Image

Perhaps there really are managers who can outperform the market consistently - logic would suggest that they exist. But they are remarkably well-hidden.

Paul Samuelson

Image

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

Paul Samuelson

Image

In every mutual fund prospectus, in every sales promotional folder, and in every mutual fund advertisement (albeit in print almost too small to read),…

Paul Samuelson