Although efficient markets people still go around saying th… - Robert Haugen

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Although efficient markets people still go around saying there is a "mountain" of evidence supporting their hypothesis, the truth of the matter is that it's a very old mountain that's now eroding rapidly into the sea.

Robert Haugen

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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.

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Benjamin Graham Warren Buffett Peter Lynch John Kenneth Galbraith Didier Sornette

Additional quotes by Robert Haugen

The cheapness family is the most powerful of the five.

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.

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

Although efficient markets people still go around saying there is a "mountain" of evidence supporting their hypothesis, the truth of the matter is th… - Robert Haugen

About Robert Haugen

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