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Quote by David F. Swensen

“Unless an investor has access to “incredibly high-qualified professionals,” they “should be 100 percent passive - that includes almost all individual investors and most institutional investors.”

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David F. Swensen

David F. Swensen is an influential expert in the field of investment, born in 1954. His career has been dedicated to investment management and education, with a deep understanding and unique insights into global financial markets. more

“But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap.”

Knows Individual Security Serious Intelligent Investing Managers Leap Disagree Investors Academic Consensus Thrust Analysts Hurdle

Author:John C. Bogle

“How can smart women be so stupid about men sometimes? Lack of knowledge. It's what men have kept secret for so long.”

Men Long Sometimes Success Faith Secret Relationship Stupid Smart Harvey Smart Women Lack Of Knowledge Kept Secrets

Author:Steve Harvey

“While the apostles of the new so-called "behavioral" theory present ample evidence of how often human beings make irrational financial decisions, it remains to be seen whether these decisions lead to predictable errors that create systematic mispricings upon which rational investors can readily and economically capitalize.”

Humans Human Beings Decision Theory Evidence Remains Errors Investing Financial Rational Investors Irrational Apostles Predictable Systematic

Author:John C. Bogle

“The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I can think of. For investment purposes, there are very few investors that shouldn't behave as if markets are totally efficient.”

Ifs Thinking I Can Purpose Taken Theory Models Investment Investing Behave Investors Efficient Efficient Markets

Author:Eugene Fama