Analysts Quote by Paul Samuelson
“This message (that attempting to beat the market is futile) can never be sold on Wall Street because it is in effect telling stock analysts to drop dead.”
About This Quote
Source Speech: Economic Outlook, Paul Samuelson, 1970
The message that beating the market is impossible is unsellable on Wall Street because it challenges profit-driven motives.
In simple terms: Criticizing market optimism is taboo on Wall Street.
Key Takeaway
Question prevailing financial narratives.
Themes
finance
skepticism
market efficiency
Mood
critical
skeptical
Type
economic
philosophical
When to use this quote
- investment strategy meetings
- financial journalism
- academic debate
Key Concepts
behavioral economics
critical theory
Questions to Reflect On
- What incentives keep market optimism alive?
- How can dissent shape better financial policies?
A Different Perspective
May be dismissed as defeatist rather than insightful.
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![“There was an analyst who came out the other day who's had a long track record of projecting presidential campaigns based on the economy and other kind of factors. And he said if [Donald] Trump stays about where he is right now, he'll win at about 51 or 52 percent. If Trump actually gets his act…” quote by Newt Gingrich](https://sms4smile.com/quotes/img-quotes/fdf/newt-gingrich-792_analysts_there-was-an-analyst-who-came-out-the-ot_106317.jpg)
