“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

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "In real-world Finance, they don't pay for elegance. They pay for power - predictive power." by Robert Haugen?
Robert Haugen photo
Robert Haugen 13
American economist 1942–2013

Related quotes

Warren Farrell photo

“I define power as control over one’s life. Pay is not about power. Pay is about giving up power to get the power of pay.”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: Why Men Earn More (2005), p. xxiv.

Ursula K. Le Guin photo

“Elegance is a small price to pay for enlightenment, and I was glad to pay it.”

Source: Hainish Cycle, The Left Hand of Darkness (1969), Chapter 8 “Another Way into Orgoreyn” (p. 118)

Warren Farrell photo

“So you see, in the end, it is nearly certain that the power of prediction must triumph over the arrogance of elegance.”

Robert Haugen (1942–2013) American economist

Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 15, The Wrong 20-yard Line, p. 148

Richard K. Morgan photo
Noam Chomsky photo
Robert P. George photo

“It's the rich and powerful, by and large, who glamorize immorality, but it's the poor and vulnerable who pay the price.”

Robert P. George (1955) American legal scholar

2016, Interview with Bill Kristol (2016)

Archibald Berkeley Milne photo

“They don't pay me to think, they pay me to be an Admiral.”

Archibald Berkeley Milne (1855–1938) Royal Navy admiral

Attributed

Leona Helmsley photo

“We don't pay taxes. Only the little people pay taxes.”

Leona Helmsley (1920–2007) American hotel owner

Quoted in New York Times (July 12, 1989)
Quoted in Newsweek magazine, p. 11 (July 24, 1989)

Naomi Klein photo

“When it comes to paying contractors, the sky is the limit; when it comes to financing the basic functions of the state, the coffers are empty.”

Naomi Klein (1970) Canadian author and activist

Source: The Shock Doctrine: The Rise of Disaster Capitalism (2007)

Related topics