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Whenever known and sufficient causes are available, it is anti-scientific to discard them in favour of a hypothesis that can never be verified.
Max Weber
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A tree is known by its fruit; a man by his deeds. A good deed is never lost; he who sows courtesy reaps friendship, and he who plants kindness gathers love.
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I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.
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In science, each new result, sometimes quite surprising, heralds a step forward and allows one to discard some hypotheses, even though one or two of these might have been highly favored.
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Every thought that enters the head of a child of 2-3 does so from the first in the form of a belief and not in the form of a hypothesis to be verified.
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If a favour is asked of you, grant it if you can. If not, refuse it in such a manner as that one denial may be sufficient.
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