Managed funds are astonishingly tax-inefficient.

Time is your friend; impulse is your enemy.

Don't look for the needle in the haystack. Just buy the haystack!

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.

Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains.

Learn every day, but especially from the experiences of others. It's cheaper!

The mutual fund industry has been built, in a sense, on witchcraft.

Rely on the ordinary virtues that intelligent, balanced human beings have relied on for centuries: common sense, thrift, realistic expectations, patience, and perseverance.

The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor.

In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses.

The miracle of compounding returns has been overwhelmed by the tyranny of compounding costs.

The biggest form of slavery is the slavery to fear

It now seemed to me that all my other guesses had been only self-pleasing dreams spun out of my wishes, but now I was awake.

Let us love and respect each other as a friend, not stranger.

You think I'm in love, that I'm sent from above, I'm not that innocent.

Your life is your story, and the adventure ahead of you is the journey to fulfill your own purpose and potential.

I always wanted to be a fashion designer so I just have to remember that as long as I'm doing it I'm living the dream.

Every man [human being] is an heir to a legacy of dignity and worth

The first group started along the strait and narrow path, but they did not take hold of the iron rod that would keep them on the path, and they got lost in the mists of darkness

Someone once said, 'Adversity introduces a man to himself.' For some reason, that's scary, but most people discover that adversity does make them stronger.

At last I will devote myself sincerely and without reservation to the general demolition of my opinions.