“There is no useful information contained in historical price movements of securities.”
Quote by Louis Bachelier
Author
Louis Bachelier
Louis Bachelier, a French mathematician born on March 11, 1870, and died on April 28, 1946, made significant contributions to the fields of probability theory and financial mathematics. He is considered one of the founders of modern financial mathematics. more
You May Also Like
“I’d compare stock pickers to astrologers but I don’t want to bad mouth astrologers.”
“Bands-- enough with the crayon face-paint-- you're better than that.”
“Albertans have always worn their passions on their sleeves.”
“Die while I can still remember who I am, who I used to be.”
Source: The Garden of Evening Mists
“There are no reasons for my photographs, nor any rules; all depends on the mood of the moment.”