Perhaps there really are managers who can outperform the market consistently - logic would suggest that they exist. But they are remarkably well-hidden.
I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance.
We have not known a single person who has consistently or lastingly make money by thus "following the market". We do not hesitate to declare this approach is as fallacious as it is popular.
Say your truth-kindly, but fully and completely. Live your truth, gently, but totally and consistently. Change your truth easily and quickly when your experience brings you new clarity.
The idea that a bell rings to signal when investors should get into or out of the stock market is simply not credible. After nearly fifty years in this business, I do not know of anybody who has done it successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently. Yet market timing appears to be increasingly embraced by mutual fund investors and the professional managers of fund portfolios alike.
This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
The facts are in: diverse companies and teams consistently outperform all others. It's not only the smart thing and the right thing, it makes getting the job done much more interesting.
It is easy enough to say, Be true to your values. But what if your values are irrational? Or what if the virtues you have committed yourself to are so much against human nature that they cannot be practiced consistently? Be careful of what you accept as your code of morality. Think carefully about whether its tenets serve your life and well being. Exercise critical judgment. Realize how much is at stake-your life, your happiness, your self-esteem.
Occasionally I would like the German people to give us the benefit of the doubt, given our history, as opposed to assuming the worst -- assuming that we have been consistently your strong partners and that we share a common set of values.
Consistently wise decisions can only be made by those whose wisdom is constantly challenged.
The light around someone who speaks truth, who consistently acts with compassion for all, even in great difficulty, is visible to all around them.
My writing is consistently influenced by everything I watched and listened to growing up, so it's just this crazy collage of everything.
It`s human nature to be optimistic. Any fool can enter a market, it takes talent to exit consistently and profitably.
Because of such conjointedness, behavior that exerts no effect whatsoever on outcomes is developed and consistently performed
If people start going to a desk, some one individual employees desk and they don't report to them... it's a sign that they believe that person can help them. So if you see that consistently, those are your barrels. Just promote them, give them more opportunity as fast as you can.
As long as you're consistently working on your craft, your heart is in the right place, and you pair that with being smart on how you present yourself to people, opportunities will appear.
Military inclusion has never been a central demand from trans populations, who consistently name criminalization, immigration enforcement, poverty and joblessness as top priorities.
When leaders behave consistently with the expectations of customers, they are doing things inside their organization that deliver value outside.
I would say that I'm happy getting to make a living playing music and seeing people enjoy music that I make. So far, things have grown consistently and quicker than I thought they would, so that could possibly continue. Even if it ended tomorrow, I'd be really grateful that I got to do it.
If you, as CEO, have recognized an approach as being the right one, you have to pursue it consistently, even if some people disagree. But it is now clear to everyone that we, as an automaker, have no alternative but to take [environmental protection] course.
These are people from everywhere, from Lawrence Livermore and JPL and Sandia National Labs, the FBI, all over the place, real scientists who see what we're doing, and they consistently thank us. "I agree your results aren't always right," they'll say, "but your methods are clearly showing that science is a re-creative process, and it's an interesting process because it's messy, and no other shows show that."
If we look at our attitudes consistently and work out the logical implications we're on the road to moral progress, moral understanding.
What is a godly mother? A godly mother is one who loves the Lord her God with all her heart, soul, mind, and strength and then passionately, consistently, and unrelentingly teaches her child to do the same.
When we were trying to get the money together for the film, one reason that was consistently given for not investing in it was that everyone kept saying no one could direct it well enough to entertain an audience for 100 minutes essentially watching three people chatting in the kitchen.
As a Republican, I voted with President Clinton consistently in our efforts to bail out our European friends in Kosovo to stop genocide. I am proud of those votes. I am proud of President Clinton for that.
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