I favour passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.

I should mention that I am a member of the board of directors of Dimensional Fund Advisors.

To beat the market you'll have to invest serious bucks to dig up information no one else has yet.

As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.

What counts is what you do with your money, not where it came from.

You only need to make one big score in finance to be a hero forever.

I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldn't see any.

Everybody has some information. The function of the markets is to aggregate that information, evaluate it and get it incorporated into prices.

Diversification is your buddy.

Junk bonds prove there's nothing magical in a Aaa bond rating.

My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.

A shepherd may like to travel, but he should never forget his sheep.

There is only one meaning of life: the act of living itself.

Ed Sullivan brought me to TV first in 1952, then Garry Moore's program gave me a lot of confidence and freedom.

I don't want to talk about methods of killing. But what is the difference between a bomb worn on the body and one dropped from an airplane? Both of them kill people.

And it is a great thing to die in your own bed, though it is better still to die in your boots.

You don't throw your life away Going Inside You get to know who's watching you And besides you resides in your body

A fig for a care, a fig for a woe!

The truths that seem most truthful, if you look at them from all sides, if you look at them close up, turn out to be either half truths or lies.

A good man doubles the length of his existence; to have lived so as to look back with pleasure on our past existence is to live twice.

Lose your smile and lose your customers.