not the only famous economist to be victimized by my sarcasm. I also mentioned Nobel laureates Harry Markowitz and Paul Samuelson , and added, “While picking on Nobel Prize winners’ contributions to investment science, we should not forget
that never made Bogle rich but elevated the long-term returns of the mutual-fund owners." -- Nobel Laureate Paul Samuelson "What commends the index fund to institutional investors and individual investors alike is its simplicity." "Of
Production Function and the Theory of Capital,” Review of Economic Studies, 21(2), 1953-54, pp. 81-106. 8 Paul Samuelson , “A Summing Up,” The Quarterly Journal of Economics, Vol. 80, No. 4, November 1966. 9 Wicksell himself
conclusively that the risk associated with wealth does not decline by extending your time horizon. Nobel Laureate Paul Samuelson probably said it best: “The longer you hold an investment, the greater your chances are of suffering a crash
but muted, as we seem to lack triggers to move the economy off this slow growth path. As the late Nobel Laureate Paul Samuelson once said, “The stock market has predicted nine out of the last five recessions.” The equity market’s
WASHINGTON (Reuters) - Nobel Laureate Paul Samuelson is famous for saying the stock market predicted nine of the last five recessions.
trouble. But Cramer and his ilk are charismatic and throughout time, we've shown a predisposition to story tellers. Paul Samuelson put it best when he opined "Investing should be dull, like watching paint dry or grass grow." But today everyone
no risk of going broke" proposition that has infuriated many economists, most prominent among them Nobel laureate Paul Samuelson . These economists have argued that the long run might be so long that many individual investors will never realize