Just like cars that spend 95% of their time parked, investors should spend most of their days doing nothing.
All the other aspects of an investment will fail you if you pay the wrong price
The bots will never catch Buffett.
Volatility-dampeners in chief
Focusing solely on the liability side is an abuse of proper accounting
Obvious things are viewed as too simple to make a difference.
Optimal decision making in a broader strategic context
Minimize the risk of regret.
when the going gets tough, actively managed equity funds get going.
Good news for investors around retirement
Wait, I didn’t mean to buy Apple, that was a subtweet.
The easiest way to help people not lose money in equity markets is to extend their time frame.
I love stocks and this is the best way to love them.
Money can’t make you happy, but it does allow you to be miserable in comfort.