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Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.

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Among Configuration Market Occasionally Price Priest Some Succeed

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

The Iraq War is largely about oil.
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But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
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Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices.
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Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
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We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
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It signals problems with respect to currency markets. Central banks should pay attention to it.
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Amateurs want to be right. Professionals want to make money.
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Greenspan, who knew so much more than most, knew far less than most supposed.
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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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The process of innovation is, of course, never ending.
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