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Louis Bachelier Quotes: The mathematical expectation of the speculator is zero.
         

The mathematical expectation of the speculator is zero.


Louis Bachelier
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"Louis Bachelier Quotes." Quoteslyfe.com, 2024. Sun. 24 Nov. 2024. <https://www.quoteslyfe.com/quote/The-mathematical-expectation-of-the-speculator-is-826857>.





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Other quotes of Louis Bachelier


There is no useful information contained in historical price movements of securities.

There is no useful information contained in historical price movements of securities.



Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower.

Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower.





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Quote Description


This page presents the quote "The mathematical expectation of the speculator is zero.". Author of this quote is Louis Bachelier. This quote is about mathematical, expectations, zero,.