He repeated until his
He repeated until his dying day that there was no one with more common sense, no stonecutter more obstinate, no manager more lucid or dangerous, than a poet. Gabriel Garcia Marquez
Managers
The idea that a
The idea that a relatively fixed group of privileged people might shape the economy and government for their own benefit goes against the American grain. Nevertheless, the owners and top-level managers in large income-producing properties are far and away the dominant power figures in the United States. Their corporations, banks, and agribusinesses come together as … Read more
Records, radio, television, movies,
Records, radio, television, movies, magazines-all are monopolized by the money managers who are guided by one ethic, the words wealth and power. Ezra Taft Benson
I grew up in
I grew up in St. Louis, Missouri. I lived in Grand Blanc, Michigan for a year and that’s when I got involved in acting and took classes there. A manager who saw me at the agency I was at in Michigan wanted me to come out to L.A. Evan Peters
I think managers have
I think managers have realized that most software people are slightly brain damaged, that they’re off on their own planets. Eugene Jarvis
People would be a
People would be a lot more skeptical if they understood that there is an incredible amount of chance in the results that you observe for active managers. So the distribution of outcomes is enormously wide – but that’s exactly what you’d expect by chance with lots of active managers who hold imperfectly diversified portfolios. The … Read more
After taking risk into
After taking risk into account, do more managers than you’d see by chance outperform with persistence? Virtually every economist who studied this question answers with a resounding ‘no.’ Eugene Fama
An investor doesn’t have
An investor doesn’t have a prayer of picking a manager that can deliver true alpha. Eugene Fama
Markets are efficient, but
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 concerned with in their investment decisions and not with whether they can pick stocks, pick winners and losers among the various managers delivering basically the same product. Eugene Fama
All my writing-life people
All my writing-life people kept telling me that I should stop writing short stories and start writing novels: my agent, my Israeli publisher, my foreign ones, my bank manager – they all felt and keep feeling that I’m doing something wrong here. Etgar Keret