Michael Jensen Quotes & Sayings

One of Cranmer's goals in writing and revising the Book of Common Prayer was to get Scripture into the ears of the people so that their hearts might be turned to God and their lives transformed by his love. Cranmer — Michael Jensen

There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis ... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life. — Michael Jensen

It is difficult to systematically beat the market. But it is not difficult to systematically throw money down a rat hole by generating commissions and other costs. — Michael Jensen

Very little evidence was found that any individual fund was able to do significantly better than that which we expected from mere random chance. — Michael Jensen