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Michael Jensen Quotes: 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.


Michael Jensen
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Other quotes of Michael Jensen


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.





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Look at the people around you. Some Inspire you, some Perspire you. Be with those that build Energy in you.

Look at the people around you. Some Inspire you, some Perspire you. Be with those that build Energy in you.



The presence of happiness doesn't require continuous positive experiences

The presence of happiness doesn't require continuous positive experiences



There are times you find yourself standing by the wayside, watching as someone struggles to dig a well with a spoon, and you wish with all your heart you had arms and a shovel.

There are times you find yourself standing by the wayside, watching as someone struggles to dig a well with a spoon, and you wish with all your heart you had arms and a shovel.



Captain Vimes believed in logic, in much the same way as a man in a desert believed in ice -- i.e., it was something he really needed, but this just wasn't the world for it.

Captain Vimes believed in logic, in much the same way as a man in a desert believed in ice -- i.e., it was something he really needed, but this just wasn't the world for it.



I had a lot of fun [on The Voice] and I learned a whole lot about reality TV, for one, and how they kind of use the artists as characters to make a hit TV show.

I had a lot of fun [on The Voice] and I learned a whole lot about reality TV, for one, and how they kind of use the artists as characters to make a hit TV show.



Sometimes the ATP puts a lot of pressure on the players and sometimes you get injured because you play on a dangerous surface. Nothing happens, no one pays for that.

Sometimes the ATP puts a lot of pressure on the players and sometimes you get injured because you play on a dangerous surface. Nothing happens, no one pays for that.



Men are always optimists when they look inwards, and pessimists when they look round them.

Men are always optimists when they look inwards, and pessimists when they look round them.



The question you must answer isn't how to get ahead. It's how to go somewhere that matters. And have fun along the way.

The question you must answer isn't how to get ahead. It's how to go somewhere that matters. And have fun along the way.



We are not loved by our friends for what we are; rather, we are loved in spite of what we are.

We are not loved by our friends for what we are; rather, we are loved in spite of what we are.




Quote Description


This page presents the quote "Very little evidence was found that any individual fund was able to do significantly better than that which we expected from mere random chance.". Author of this quote is Michael Jensen. This quote is about random chance, fund, able, expected, found, evidence, individual, mere, littles,.