It's like giving up a belief in Santa Claus.

A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.

Trust in time rather than timing.

Never buy anything from someone who is out of breath.

Stupidity well packaged can sound like wisdom.

It's not that stock prices are capricious. It's that the news is capricious.

Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.

The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses.

Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and, for the most part, accurately.

We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed.

There's a logical reason for everything in the universe even if we cannot comprehend, understand, or express that reason.

In 1891 the Brazilian Minister of Finance decreed the abolition of history

Again the greatest use of a human was to be useful. Not to consume, not to watch, but to do something for someone else that improved their life, even for a few minutes.

There is no evil, there's no bad; there's no good. These are human ideas. There's no creator, there's no creation; there's no God, there's no nirvana, there's no perfection. These are ideas.

I think [Republicans] would really like to rip up that [Iran nuclear agreement] and get a new one, but that's going to be very difficult. You, of course, have Russia involved in that.

It's better to stand by someone's side than by yourself

Every day I try to tell myself that this is going to be fun today. I try to put myself in a great frame of mind before I go out - then I screw it up with the first shot.

When I left school, I got a job in a shoe shop and I used to save 15 quid a week and pay for my own singing and acting lessons.

My job is not done. I address my songs now to the third world. I am popular all over Asia and Africa and the Middle East, not to speak of South Africa, where I'm trying to go to see Nelson Mandela.