Quotes About Fama

#1. The love of fame usually spurs on the mind.
[Lat., Ingenio stimulos subdere fama solet.]

Ovid

#2. Modest fame is not to be despised by the highest characters.
[Lat., Modestiae fama neque summis mortalibus spernenda est.]

Tacitus

#3. Powerless But for the star destroyer Unknowing She crash-lands in his heart.

Elizabeth Fama

#4. The distribution of the market is fat-tailed relative to the normal distribution ... For passive investors, none of this matters, beyond being aware that outlier returns are more common than would be expected if return distributions were normal.

Eugene Fama

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

Eugene Fama

#6. Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic activity.

Eugene Fama

#7. People are always saying that prices are too high. When they turn out to be right, we anoint them. When they turn out to be wrong, we ignore them. They are typically right and wrong about half the time.

Eugene Fama

#8. After taking risk into account, do more managers than you'd see by chance outperform with persistence? Virtually every economist who studied this question answers with a resounding 'no.'

Eugene Fama

#9. But after he tells you how they died, I want you to remember how they lived( ... )

Elizabeth Fama

#10. I'm an extreme libertarian, but I realize we're in a democracy, and in a democracy, people can have views of all stripes, and there's no reason to argue about it.

Eugene Fama

#11. Believe me I don't want to set the world on fire I just want to start a flame in your heart

Elizabeth Fama

#12. 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

#13. People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.

Eugene Fama

#14. You're not a dork, you're adorkable.

Elizabeth Fama

#15. She looked out across the water and allowed the feeling of longing to wash over her, spill into the crevices of her soul, and fill her completely.

Elizabeth Fama

#16. I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.

Eugene Fama

#17. What an ephemeral thing human will is, to be manipulated by a couple of drops of hormones!

Elizabeth Fama

#18. I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning.

Eugene Fama

#19. Death is the privilege of human nature
And life without it were not worth our taking
Thither the poor, the unfortunate, and Mourner
Fly for relief & lay their burdens down.

Elizabeth Fama

#20. It was a woman
as pale and luminescent as a ghost, with swirling white hair. Ezra startled, dropping his pencil into the water. Her face snapped toward him. Her eyes were too large, clear green, and had horizontal, slit-shaped pupils, reminiscent of an octopus.

Elizabeth Fama

#21. An investor doesn't have a prayer of picking a manager that can deliver true alpha.

Eugene Fama

#22. There was a smart, sunny girl out there right now somewhere, a Ray on a trajectory that would cross his path, a girl who made sense with him. I was just as glad not to know her this very minute, but she existed, and he would run into her, and with time I would accept it.

Elizabeth Fama

#23. I don't think the Federal Reserve has any role in how high rates are right now. I don't understand why everyone is paying attention to this tapering. The Fed is using one kind of bond to buy another kind of bond. What's the big deal, and why is anyone taking the Fed seriously?

Eugene Fama

#24. In an efficient market, at any point in time, the actual price of a security will be a good estimate of its intrinsic value.

Eugene Fama

#25. I'd compare stock pickers to astrologers but I don't want to bad mouth astrologers.

Eugene Fama

#26. The bridge was geologically ancient, an impassive observer, surrounded by life that was fleeting in comparison: trees that would only survive hundreds of years, tourists who would only live decades, insects that would thrive only for weeks.

Elizabeth Fama

#27. There is no satisfaction in eternity,' she said. 'There is only loss.

Elizabeth Fama

#28. When you give your heart to the ocean, you either drown, or spend your life wishing you had drowned.

Elizabeth Fama

#29. Economies typically do not function well in hyperinflation. The real value of government debt might disappear, but the economy is likely to disappear with it.

Eugene Fama

#30. I don't believe anyone wants to hear what I have to say.

Eugene Fama

#31. She wanted a smile that was meant only for her.

Elizabeth Fama

#32. The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I can think of. For investment purposes, there are very few investors that shouldn't behave as if markets are totally efficient.

Eugene Fama

#33. The more she loved, the more she ached.

Elizabeth Fama