Stupidity well packaged can sound like wisdom.

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.

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.

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

Whenever the tissue of life is woven of legalistic relationships, this creates an atmosphere of spiritual mediocrity that paralyzes a person's noblest impulses.

What can people not accomplish if they will but master the secret of steadfast perseverance.

The helpful thought for which you look Is written somewhere in a book.

If we want to boost border security, we have to help law enforcement agencies beef up their resources to meet this demand. We cannot have one without the other.

If they had said that the sun or the moon had gone out of the heavens, it could not have struck me with the idea of a more awful and dreary blank in creation than the words: Byron is dead!

Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to generate an economic expansion in the face of unfavourable circumstances.

If you are writing about baloney, don't try and make it Cornish hen, because that's the worst kind of baloney there is. Just make it darn good baloney.

Critics search for ages for the wrong word, which, to give them credit, they eventually find.

Certainty is the mother of repose, and therefore the common law aims at certainty.

An artist can only be evaluated after he's dead. At the 11th hour he might do something that will eclipse everything else.