Quotes About Performance

Courts are places where the ending is written first and all that precedes is simply vaudeville.

A vida é um palco de teatro que não admite ensaios. Por isso, cante, chore, ria, antes que as cortinas se fechem e o espectáculo termine sem aplausos

Se tivesses acreditado na minha brincadeira de dizer verdades, teria ouvido verdades que teimo em dizer brincando. Muitas vezes falei como o palhaço, mas nunca desacreditei da seriedade da platéia que sorria.

After adjusting the comparison of index funds to actively managed funds for survivorship bias, taxes, and loads, the dominance of index funds reaches insurmountable proportions. Once

An active manager must overcome the drag of about 3.25 percent in annual operating costs. If the fund manager is only to match the market's historical 9 percent return, he or she must return 12.25 percent before all those costs. In other words, to do merely as well as the market, an active fund manager must be able to outperform the market return by over one-third or 34.1 percent!5

How can institutional investors hope to outperform the market... when, in effect, they are the market?

Standard & Poor's Dow Jones Indices published a statistical analysis in 2016 detailing the dismal record of "active" portfolio managers: As is typically the case, about two-thirds of active large-capitalization managers underperformed the S&P 500 large-cap index during 2015. Nor

Nor were managers any better in the supposedly less efficient, small-capitalization universe. Almost three-quarters of small-cap managers underperformed the S&P Small-Cap Index. When

When S&P measured performance over a longer time period, the results got worse. Over 80 percent of large-cap managers and almost 90 percent of small-cap managers underperformed their benchmark indexes over a ten-year period through December 2015.

The great advantage of indexing investment operations is that we can avoid the vain search for superior performance and concentrate our time and energy on investment policy and asset-mix decisions. Instead, it focuses your attention on the most important decision in investing: defining the long-term "policy" portfolio that will both minimize the risk of avoidable mistakes and maximize the chances of achieving your true investment objectives.

The great leaders have always stage-managed their effects.

The cover letter is seen by our actions. (La lettre de motivation se voit par nos actions)"

The infant phenomenon.

Make them laugh, make them cry, make them wait.

Again the mender of roads went through the whole performance; in which he ought to have been perfect by that time, seeing that it had been the ingallible resource and indispenable enternainment for his village during a whole year.

Now,' said Quilp, passing into the wooden counting-house, 'you mind the wharf. Stand upon your head agin, and I'll cut one of your feet off.' The boy made no answer, but directly Quilp had shut himself in, stood on his head before the door, then walked on his hands to the back and stood on his head there, and then to the opposite side and repeated the performance. There were indeed four sides to the counting-house, but he avoided that one where the window was,

until I almost thought he would gradually blow his whole being into the large hole at the top, and ooze away at the keys.

People must be amuthed." - Mr. Sleary

My impression is, after many years of consideration, that there never can have been anybody in the world who played worse.

A good boss makes his men realize they have more ability than they think they have so that they consistently do better work than they thought they could.

Only a mediocre team is always at its best

beneficial rules of exchange" are "the right of possession, its transference by consent, and the performance of promises."12 This

Good music can make the difference between a mediocre workout and a slam-damn-fantastic workout!

Opera is where a guy gets stabbed in the back, and instead of dying, he sings.