William Poundstone: Rating

William Poundstone is American writer. Explore interesting quotes on rating.

William Poundstone: 66 quotes0 likes

“The ultimate compound return rate is acutely sensitive to fat tails.”

William Poundstone

Part Six, Blowing Up, Survival Motive, p. 297
Fortune's Formula (2005)

“"Average" isn't so hot at the race track given those steep track takes. "Average" is pretty decent for stocks, something like 6 percent above the inflation rate. For a buy-and -hold investor, commissions and taxes are small.”

William Poundstone

Part Three, Arbitrage, This Is Not the Time To Buy Stocks, p. 134
Fortune's Formula (2005)

“Carl Friedrich Gauss, often rated the greatest mathematician of all time, played the market. On a salary of 1,000 thalers a year, Euler left an estate of 170,587 thalers in cash and securities. Nothing is known of Gauss's investment methods.”

William Poundstone

Part Three, Arbitrage, This Is Not the Time To Buy Stocks, p. 132
Fortune's Formula (2005)