William Forsyth Sharpe quotes

Some investments do have higher expected returns than others. Which ones? Well, by and large they're the ones that will do the worst in bad times. (William Forsyth Sharpe)
Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to refute this principle are guilty of improper measurement. View quote
William Forsyth Sharpe
Love is a beautiful dream. View quote
William Forsyth Sharpe