Quote of the Week

Most of what is taught about investing in school is theoretical nonsense. There are very few rich professors.—-Morgan Housel, Motley Fool

 

Very true.  And some of the rich professors are ones who threw off the shackles of academia and went into the money management business!  If mean variance optimization worked at all, lots of finance professors would be loaded.  This quote is from a longer article that I saw featured on Business Insider.  You can read the whole list here.

2 Responses to Quote of the Week

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