Bluntly put, there's no chance that your doctor, dentist, or attorney is a high-school dropout. Your stockbroker, however, just might be.

For the taxable investor, indexing means never having to say you're sorry.

The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.

The reason that 'guru' is such a popular word is because 'charlatan' is so hard to spell.

There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.

99% of fund managers demonstrate no evidence of skill whatsoever.

You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.

If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.

Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

All the things that make us human make us terrible investors and you have to understand what they are and how to avoid them.

When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.

You may lose your path, but you must never lose your hope, because hope is the path to all the paths!

The more subtle and elegant you are in hiding your plot points, the better you are as a writer.

The forces you are struggling with, that you feel are holding you back - are illusions. They are not real - they never have been. See only the good that you desire in your mind.

If you wouldn't write it and sign it, don't say it.

I am not a do-gooder. I am a revolutionary. A revolutionary woman.

I had woven a tapestry of obscenity that as far as I know is still hanging in space over Lake Michigan.

Whether or not Afghanistan would be a peaceful nation-state had we not gone into Iraq I doubt. Afghanistan is going to be Afghanistan, no matter how hard we try to make it something else.

I don't go out and just try to score. I score because there is an opportunity to score.

Genius has somewhat of the infantine; but of the childish not a touch or taint.