“The cheaper the stock, the better the outlook for future returns.”
Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 4, Payoffs to the Five families, p. 50
Source: The Four Pillars of Investing (2002), Chapter 2, Measuring The Beast, p. 68.
“The cheaper the stock, the better the outlook for future returns.”
Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 4, Payoffs to the Five families, p. 50
Source: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Nine, Weighted Statistical Logic And Statistical Games, p. 295
Source: Adventures of a White-Collar Man. 1941, p. 103
Source: Common risk factors in the returns on stocks and bonds, 1993, p. 7
Source: Common risk factors in the returns on stocks and bonds, 1993, p. 4-5
“Diplomacy is the art of saying nice doggy until you can find a rock. ”
Source: The Four Pillars of Investing (2002), Chapter 1, No Guts, No Glory, p. 37.
“It is impossible to add the stock of money to the flow of saving.”
Source: Contributions to Modern Economics (1978), Chapter 4, The Concept of Hoarding, p. 32