Believe Quote by Warren Buffett

I don't entirely reject the idea of efficient markets. It needs updating.

— Andrew Lo

I have noticed that everyone who has ever tried to tell me that markets are efficient is poor.

— Larry Hite

The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain…

— Jeremy Grantham

Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and,…

— Burton Malkiel

“Investing without research is like playing stud poker and never looking at the cards. For some reason the whole business”

— Peter Lynch

Markets are efficient, but there are different dimensions of risk and those lead to different dimensions of expected returns. That's what people should be…

— Eugene Fama

Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.

— Warren Buffett

Because people have no thoughts to deal in, they deal cards, and try and win one another's money. Idiots!

— Arthur Schopenhauer

Investors covet past improvements but also always believe pricing unimaginable future creativity and efficiency gains is Pollyannaish. And they're always wrong. Bet on it.

— Kenneth Fisher

Value investing is predicated on the efficient market hypothesis being wrong.

— Seth Klarman

The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I…

— Eugene Fama

The entire pursuit of value investing requires you to see where the crowd is wrong so that you can profit from their misperceptions.

— Guy Spier