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

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.

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.

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

But you built me dreams instead...

In a materialistic society, an employed boy is older than an unemployed man.

- But we can't help falling in love. - We can't help defecating either. But we can choose where and when we are going to do it.

American scientific companies are cross-breeding humans and animals and coming up with mice with fully functioning human brains.

To me, being the best means proving it in different countries and championships.

Hitler is a prodigious genius.

Many exceedingly rich men are unhappy, but many middling circumstances are fortunate.

Make money. Make more money. Make others produce so as to make money... However you get them in or why, just do it.

Nobody needs an Artist, but everyone needs ART.

Jazz speaks for life. This is triumphant music.