"People are always saying that prices are too high. When they turn out to be right, we anoint them. When they turn out to be wrong, we ignore them. They are typically right and wrong about half the time."

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Thematic Reflection

This quotation examines the core nature of Time as articulated by Eugene Fama. Within historical and literary traditions, reflections on Time provide actionable mental models, challenging individuals to evaluate personal ethics, self-discipline, and daily actions.

About Eugene Fama

Eugene Francis "Gene" Fama is an American economist and Nobel Laureate. He is best known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis.

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