Best quotes by Eugene Fama on People

Checkout quotes by Eugene Fama on People

• ‟ Market timing doesn't work. If all the bubbles and all this mispricing really exist, how come so few people see it before it turns out that way?

  - Eugene Fama
  

• ‟ 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
  

• ‟ 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
  

• ‟ There's quite a bit of evidence that even professionals don't show any ability to pick stocks or to predict market rollbacks. Most of the people we identify as skilled based on returns have probably just been lucky.

  - Eugene Fama
  

• ‟ 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
  

• ‟ I think bubbles are things people see with 20/20 hindsight. If you look at any particular period where prices go up and then they go down, you will always find people who predicted that they would go down. Those are the people you pay attention to.

  - Eugene Fama