stock picker. Armed with these academic findings, Paul Samuelson (1974, p. 18) challenged investment practitioners ..... later, what would a challenge to our industry like Paul Samuelson ’s mean? The frontier academic knowledge has changed
investment assumptions that are crucially different from those facing a DB plan. Decades ago, when Harry Markowitz and Paul Samuelson debated whether a “long-term investor” should care about risk or only return, they both considered an investor
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
original quote is attributed to the famous Scottish poet Andrew Lang. 4. This quote is attributed to the Nobel Laureate Paul Samuelson .
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
conclusively that the risk associated with one’s wealth does not decline by extending your time horizon. Nobel Laureate Paul Samuelson , Ph.D., probably said it best: “The longer you hold an investment, the greater your chances are of suffering
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.