“…active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group, the “know-nothings,” must win.” “When trillions of dollars areRead More…
“Surprise! The returns reported by mutual funds aren’t actually earned by mutual fund investors.” – John Bogle
“The investor’s chief problem, and even his worst enemy, is likely to be himself.” -Benjamin Graham, The Intelligent Investor
“Most institutional and individual investors will find the best way to own common stock is through an index fund that charges minimal fees. Those following this path are sure to beat theRead More…
Spotted this on LinkedIn and had to post it here: As of today, Dr. Shaquille O’Neal, Ed.D. is the joint owner of 155 Five Guys Burgers restaurants, 17 Auntie Annie’s Pretzels restaurants,Read More…
“Buy a cross section of American industry, and if a cross section of American industry doesn’t work, certainly trying to pick the little beauties here and there isn’t going to work either.”Read More…
“Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to refute this principle are guilty of improper measurement.” -William Sharpe,Read More…
Your advisor’s objectivity may only be as deep as his limited product shelf. There are thousands of financial instruments, so how can your advisor exercise genuine objectivity if he offers the sameRead More…
“I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.” -Malcolm Forbes
“Invest yourself in the higher notion that making money should be a passive and less stressful enterprise, while keeping money will become the daily financial focus, exploiting every method possible to doRead More…