If we observe the performance of only those funds that rema… - Robert Haugen

" "
If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceeds that of the market.

Robert Haugen

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

About Robert Haugen

Robert (Bob) Arthur Haugen (June 26, 1942 – January 6, 2013) was a renowned professor of theoretical finance. He is currently retired from academics and is the president of Haugen Custom Financial Systems.

All quotes from Robert Haugen Similar Quotes by other Originators

Originators like Robert Haugen:

Benjamin Graham Warren Buffett Peter Lynch John Kenneth Galbraith Didier Sornette

Additional quotes by Robert Haugen

In real-world Finance, they don't pay for elegance. They pay for power - predictive power.

Behaviorists tell us that we tend to overweight and overreact to the most recently received information. If we do, we will find that the information that we thought was so important becomes tempered, and reduced in significance, by new and related information that follows.

The cheaper the stock, the better the outlook for future returns.

If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceed… - Robert Haugen

About Robert Haugen

Enhance Your Quote Experience

Additional quotes by Robert Haugen