The tweet was deleted by the author.
But we saved everything 🙂.
Meb Faber shares an investing quote highlighting that outperformance requires not only data but also creativity, vision, and the ability to spot unique opportunities.
The statement, attributed to John Rogers, emphasizes the importance of going beyond analytics to succeed in investing.
Faber has previously highlighted market analogies, citing Russell Napier’s comparison of capitalism without bankruptcy to Christianity without hell. In a separate note, he questioned the consistency of excess returns among private equity managers, observing only limited persistence in such performance over time in his analysis of venture data. The latest commentary expands on his ongoing focus on what drives outperformance in investing.