“Our new economic approach is rooted in ideas which stress the importance of macro-economics, post neo-classical endogenous growth theory and the symbiotic relationships between growth and investment, and people and infrastructure.” PeopleIdeasGrowthEconomicTheoryApproachEconomicsImportanceStressInvestmentPostsRootedInfrastructureMacro Author:Gordon Brown
“My emotional investment is in finding truth. If string theory is wrong, I'd like to have known that yesterday. But if we can show it today or tomorrow, fantastic.” IfsShowsTodayKnownEmotionalTheoryTomorrowFindingsInvestmentYesterdayFantasticStringsString TheoryEmotional Investment Author:Brian Greene
“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.” IfsThinkingI CanPurposeTakenTheoryModelsInvestmentInvestingBehaveInvestorsEfficientEfficient Markets Author:Eugene Fama
“Market-cap based indexing will never be driven from its deserved perch as core and deserved king of the investment world. It is what we should all own in theory and it has delivered low-cost equity returns to a great mass of investors... the now and forever king-of-the-hill.” WorldShouldForeverTheoryReturnKingsCostMassLowsInvestmentInvestingDrivenCoreHillsInvestorsEquityCapsIndexing Author:Cliff Asness
“One of the best predictors of policy around is Thomas Ferguson's investment theory of politics, as he calls it - very outstanding political economist - which essentially - I mean, to say it in a sentence, he describes elections as occasions in which groups of investors coalesce and invest to control the state.” MeanStatesPoliticalGroupsPolicyTheoryElectionInvestmentSentencesOccasionsInvestorsEconomistOutstandingFerguson Author:Noam Chomsky
“Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine.” WorldYearsRealHappensOpportunityGamesModernChangedTheoryReturnCostFindingsEconomicsInvestmentCompareAttractiveReal WorldPortfoliosFreshmanDreamlandOpportunity Cost Author:Charlie Munger
“I don't believe in the theory that the United States is reducing its presence in the Middle East. Quite the contrary, in the Gulf, we see an increase in American military presence, as well as an increase in American investments. The argument is more accurate when one says America is focusing more attention to the Far East. But I don't believe it comes at the expense of the Middle East.” BelieveWellsStatesAmericaUnitedAttentionUnited StatesMiddleMilitaryTheoryArgumentIncreaseInvestmentDon't BelieveEastContraryExpensesMiddle EastAccurateReducingAmerican MilitaryMilitary Presence Author:Adel al-Jubeir
“[Donald] Trump and all the Republicans believe in the theory of trickle down economics which is a theory discredited even by the author himself David Stockton. The theory suggests that if we take care of the people at the top, if we cut taxes for the wealthy, if we make sure they are doing really well, then the investments that they make in the economy and the jobs that will create, will make everything grow and it will have a trickle down effect on the rest of us.” PeopleIfsBelieveWellsCareJobsGrowsEconomyCuttingEffectsTheoryTrumpRepublicanTaxesEconomicsInvestmentTake CareWealthyTrickle DownTrickle Down Economics Author:Debbie Wasserman Schultz