Michael Jensen Professions : Economist Born : November 30, 1939 Browse All Authors Top 4 quotes by 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 investing literature facts 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 investing cost rats 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 random-chance investing littles David Crosby is obviously very upset that he accidentally hit anyone. And, based off of initial reports, he is relieved that the injuries to the gentleman were not life threatening, he wishes the jogger a very speedy recovery. Michael Jensen top-news Similar Authors Bryan Caplan economist Burton Malkiel economist Bruno Frey economist Brian Wesbury economist Branko Milanovic economist Andrew Samwick economist All Authors
