Robert Shiller. Chalk Talk - Covariance, Financial Markets (Coursera) https://www.coursera.org/learn/financial-markets-global/lecture/41Ujc/chalk-talk-covariance.
“In going directly to Investment Heaven, you build your portfolio as you would build a wonderful company through a merger and acquisition program. You specify the way you want your portfolio to look, and then you assemble the profile piece by piece by bringing together companies that make their own individual contributions to the desired character.”
Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 14, The Roads to Heaven and Hell, p. 139
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Robert Haugen 13
American economist 1942–2013Related quotes
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