CAPM also makes use of what is called a "definitional identity." This is something that is automatically true, simply because of the way things have been defined.

In real-world Finance, they don't pay for elegance. They pay for power - predictive power.

A comprehensive list of factors brings predictive stability and predictive stability and predictive power.

Less volatile stocks tend to have negative abnormal profits; more volatile stocks tend to have positive abnormal profits.

If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceeds that of the market.

The cheaper the stock, the better the outlook for future returns.

When you buy a lottery ticket, you don't know how tickets have been sold. But sold they have been. And there is an underlying distribution for the game.

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

When I think of how many people in this world have it worse than I do, I realize just how blessed I really am...... and I have to give thanks ...

Always beware an unsigned architectural design.

The victimization of children is nowhere forbidden; what is forbidden is to write about it.

Serving in Congress has been the honor of a lifetime.

God commands us to be filled with the Spirit, and if we are not filled, it is because we are living beneath our privileges

I was voted the most beautiful girl in the world in 1958, and courted by every young, available man in Los Angeles, most of whom I didn't go out with, by the way.

If only you knew all the gifts that you bring to others. You would never feel sad again.

Physics has found no straight lines. Instead, the physical universe consists of only waves undulating back and forth allowing for corrections and balance.

You lose yourself trying to hold on to someone who doesn't care about losing you

If you wish, I shall grow irreproachably tender: not a man, but a cloud in trousers!