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Michael Jensen Quotes: It is difficult to systematically beat the market. But it is not difficult to systematically throw money down a rat hole by generating commissions and other costs.
         

It is difficult to systematically beat the market. But it is not difficult to systematically throw money down a rat hole by generating commissions and other costs.


Michael Jensen
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Very little evidence was found that any individual fund was able to do significantly better than that which we expected from mere random chance.

Very little evidence was found that any individual fund was able to do significantly better than that which we expected from mere random chance.





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Quote Description


This page presents the quote "It is difficult to systematically beat the market. But it is not difficult to systematically throw money down a rat hole by generating commissions and other costs.". Author of this quote is Michael Jensen. This quote is about money, difficult, cost, rats, investing,.