Wall Street & FinanceAs published
“At the age of 80 what I've learned is the best part of the game truly lies ahead.
— T. Boone Pickens
Oilman and financier
About this quote
- Attributed to
- T. Boone Pickens
- Attribution status
- As published
Photo: CEphoto, Uwe Aranas · CC BY-SA 3.0 · source · Portrait: Hudson Institute (CC BY 2.0)
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“Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
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