This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
Alan Greenspan[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
Alan GreenspanI've always argued that this country has benefited immensely from the fact that we draw people from all over the world.
Alan Greenspan