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— Burton Malkiel"I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance."
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Perhaps there really are managers who can outperform the market consistently - logic would suggest that they exist. But they are remarkably well-hidden.
— Paul Samuelson
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Immigrant children are highly vulnerable. Their level of disadvantage and fragility has consistently grown due to factors outside their control.
— Irwin Redlener
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