Active Management Quotes

#1. My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the pricing of derivative securities.

Myron Scholes

#2. Active management is little more than a gigantic con game.

Ronald Ross

#3. Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment.

Barry Ritholtz

#4. Active management is a zero-sum game before cost, and the winners have to win at the expense of the losers.

Eugene Fama

#5. I can't figure out why anyone invests in active management, so asking me about hedge funds is just an extreme version of the same question. Since I think everything is appropriately priced, my advice would be to avoid high fees. So you can forget about hedge funds.

Eugene Fama

#6. Index investing outperforms active management year after year.

Jim Rogers

#7. I suspect Dr. Robert L. Webb may be theologically a 'hyper-Calvinist' of the Jesse Mercer persuasion."


~R. Alan Woods [2013]

R. Alan Woods

#8. Remember to remember!

Rhonda Byrne

#9. Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits.

Alex Berenson

#10. You can't choose someone else's destiny for them, Kelley. And you shouldn't let anyone choose yours.

Lesley Livingston

#11. The best way to own common stocks is through an index fund.

Warren Buffett

#12. Most investors would be better off in an index fund.

Peter Lynch

#13. I have never believed much in luck, and my sense of humor has tended to walk on the dark side.

Hunter S. Thompson

#14. That's the kind of thing, if you get to thinking about, that could wake you in the middle of night. I didn't want my nights to have any middles.

Christopher Morley

#15. I recognized that teaching and research institutions vitally depend on the involvement of active scientists also in management functions.

Richard Ernst

#16. We are all weird in our own unique ways. The weirdest of all are the people who pretend to act normal in order to please people they don't know or care about,

Natasha Palmer

#17. One day I caught four Dolphins, how much I have gazed at these beautiful creatures ... as they changed their hue in twenty varieties of richest arrangement of tints.

John James Audubon

#18. You can add up your blessings or add up your troubles. Either way, you'll find you have an abundance.

Richelle E. Goodrich

#19. I know people watch our movies and they'll see a lot of images - they call it gross-out - that they don't like, and I understand that. It's an important movie and one that's extremely well done, but the amount of violent imagery was not for me.

Bobby Farrelly