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"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."

— Robert Haugen
robert haugen Quotes Active,Fund,Surviving

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Exceed

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Excellence in art is to be attained only by active effort, and not by passive impressions; by the manly overcoming of difficulties, by patient struggle against adverse circumstance, by the thrifty use of moderate opportunities. The great artists were not rocked and dandled into eminence, but they attained to it by that course of labor and discipline which no man need go to Rome or Paris or London to enter upon.

— George Stillman Hillard

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The age-long history of thinking on gravitation, too, was erased from the collective consciousness, and that force somehow became the serendipitous child of Newton's genius. The new attitude is well illustrated by the anecdote of the apple, a legend spread by Voltaire, one of the most active and vehement erasers of the past. ... The need to build the myth of an ex nihilo creation of modern science gave rise to much impassioned rhetoric.

— Lucio Russo

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