Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 15, The Wrong 20-yard Line, p. 148
Robert Haugen: Power
Robert Haugen was American economist. Explore interesting quotes on power.
Robert Haugen:
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“In real-world Finance, they don't pay for elegance. They pay for power - predictive power.”
Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 13, Counterattack - The Second Wave, p. 129
“The cheapness family is the most powerful of the five.”
Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 10, The Positive Payoffs to Cheapness and Profitability, p. 105
Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 5, Predicting Future Stock Returns with the Expected-Return Factor Model, p. 56