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

"In going directly to Investment Heaven, you build your portfolio as you would build a wonderful company through a mer…"

"The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitiv…"

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

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

"If we observe the performance of only those funds that remain active, we will tend to find that the average performan…"

"The cheapness family is the most powerful of the five."

"Less volatile stocks tend to have negative abnormal profits; more volatile stocks tend to have positive abnormal prof…"

"Behaviorists tell us that we tend to overweight and overreact to the most recently received information. If we do, we…"

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