“The shortest route to top quartile performance is to be in the bottom quartile of expenses. —Jack Bogle”
― quote from The Bogleheads' Guide to Investing
“I helped put two children through Harvard—my broker’s children. —Michael LeBoeuf”
― quote from The Bogleheads' Guide to Investing
“There is a crucially important difference about playing the game of investing compared to virtually any other activity. Most of us have no chance of being as good as the average in any pursuit where others practice and hone skills for many, many hours. But we can be as good as the average investor in the stock market with no practice at all.
Jeremy Siegel, Professor of Finance, Wharton School, University of Pennsylvania, and author of Stocks for the Long Run”
― quote from The Bogleheads' Guide to Investing
“If you buy an S&P 500 index fund, your investment is highly diversified and its performance will match that of 500 leading U.S. corporations' stocks. Is it possible to lose all of your money? Yes, but the odds of that happening are slim and none. If 500 leading U.S. corporations all have their stock prices plummet to zero, the value of your investment portfolio will be the least of your problems. An economic collapse of that magnitude would make the Great Depression look like Lifestyles of the Rich and Famous.”
― quote from The Bogleheads' Guide to Investing
“As an investor you can be well above average by settling for slightly less than the index returns.”
― quote from The Bogleheads' Guide to Investing
“Index investing is an investment strategy that Walter Mitty would love. It takes very little investment knowledge, no skill, practically no time or effort-and outperforms about 80 percent of all investors. It allows you to spend your time working, playing, or doing anything else while your nest egg compounds on autopilot. It's about as difficult as breathing and about as time consuming as going to a fast-food restaurant once a year.”
― quote from The Bogleheads' Guide to Investing
“Here is the crux of the strategy: Instead of hiring an expert, or spending a lot of time trying to decide which stocks or actively managed funds are likely to be top performers, just invest in index funds and forget about it!”
― quote from The Bogleheads' Guide to Investing
“Index funds outperform approximately 80 percent of all actively managed funds over long periods of time. They do so for one simple reason: rock-bottom costs. In a random market, we don't know what future returns will be. However, we do know that an investor who keeps his or her costs low will earn a higher return than one who does not. That's the indexer's edge.”
― quote from The Bogleheads' Guide to Investing
“If you don't think those miniscule costs matter, consider this: Let's assume someone puts $10,000 in a mutual fund, leaves it there 20 years, and gets an average annual return of 10 percent. If the fund had an expense ratio of 1.5 percent, the fund is worth $49,725 at the end of 20 years. However if the fund had an expense ratio of 0.5 percent, it would be worth $60,858 at the end of 20 years. Just a 1 percent difference in expenses makes an 18 percent difference in returns when compounded over 20 years.”
― quote from The Bogleheads' Guide to Investing
“William Bernstein, Ph.D., M.D., author of The Four Pillars of Investing, frequent guest columnist for Morningstar and often quoted in The Wall Street Journal: "An index fund dooms you to mediocrity? Absolutely not: It virtually guarantees you superior performance.”
― quote from The Bogleheads' Guide to Investing
“Warren Buffett, chairman of Berkshire Hathaway and investor of legendary repute: "Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) delivered by the great majority of investment professionals.”
― quote from The Bogleheads' Guide to Investing
“Paul Farrell, columnist for CBS Marketwatch and author of The Lazy Person's Guide to Investing: "So much attention is paid to which funds are at the head of the pack today that most people lose sight of the fact that, over longer time periods, index funds beat the vast majority of their actively managed peers.”
― quote from The Bogleheads' Guide to Investing
“Burton Malkiel, professor of economics, Princeton University and author of A Random Walk Down Wall Street: "Through the past thirty years more than two-thirds of professional portfolio managers have been outperformed by the unmanaged S&P 500 Index.”
― quote from The Bogleheads' Guide to Investing
“Paul Samuelson, first American to win the Nobel Prize in Economic Science: "The most efficient way to diversify a stock portfolio is with a low fee index fund. Statistically, a broadly based stock index fund will outperform most actively managed equity portfolios.”
― quote from The Bogleheads' Guide to Investing
“Jason Zweig, senior writer and columnist at Money magazine and coauthor of the revised edition of Benjamin Graham's classic, The Intelligent Investor: "If you buy-and then hold-a total stock market index fund, it is mathematically certain that you will outperform the vast majority of all other investors in the long run. Graham praised index funds as the best choice for individual investors, as does Warren Buffett.”
― quote from The Bogleheads' Guide to Investing
“There is power in a Lady who trusts in God-a lady who has put all her eggs in God’s basket. Women possess some gift that touches the heart of God. This gift is so powerful that Jeremiah, the weeping prophet who was known for his great compassion found himself needing the intercession of women to tap into this power. The Lord asked Him to send for the women to let them take up wailing as God knew His ears are open to the cry of distressed women”
― Mary Maina, quote from The Proverbs 31 Lady: Unveiling Her Secrets Before Saying I Do
“Unë nuk jam ithtar i një arti tepër subjektiv. Poezia ime ka qenë për mua një mjet për të zotëruar vetveten. Ajo më jepte mundësinë të shikoja ku kalonte vija matanë së cilës falsiteti i tonit dëshmon falsitetin e qëndrimit dhe të bëja të gjitha përpjekjet për të mos e shkelur. Përvoja e viteve të luftës më mësoi se nuk është e udhës ta marrësh penën me qëllimin e vetëm për t’u komunikuar të tjerëve hidhërimin vetjak dhe sfilitjen e brendshme – sepse kjo është një lëndë e dobët, përftimi i së cilës kërkon aq pak mund sa që ky akt nuk të jep të drejtën e respektimit të vetvetes. Kushdo që ka parë të bëhet hi një qytet me një milion banorë dhe kilometra të tëra rrugësh të tij pa asnjë gjurmë jete, madje as edhe një mace, as edhe një qen pa zot, i kujton me ironi përshkrimet prej poetëve bashkëkohorë të ferrit të qyteteve të mëdha - në të vërtetë ferri i shpirtit të tyre. Wasteland i vërtetë është shumë më i tmerrshëm se ai imagjinari. Kush nuk ka jetuar mes tmerreve të luftës e të terrorit nuk e di sa e egër është revolta kundër vetvetes e atij që i ka parë ose ka marrë pjesë në to - ajo revoltë kundër moskokëçarjes dhe egoizmit të vet. Rrënimi dhe vuajtjet janë një shkollë ku farkëtohet sensi shoqëror,”
― Czesław Miłosz, quote from The Captive Mind
“You’re not fine, Paul,” he replies. “You can barely walk. You don’t leave this house unless forced to. All you do is read and mope—”
“Brood. I prefer brood. More manly than mope!”
― Lauren Layne, quote from Broken
“bazen," dedi, "kalbim duruyor sanki.bazen kalbimin attığını hiç ama hiç hissetmiyorum.”
― Tess Gerritsen, quote from Presumed Guilty
“Finally, by the end of the date-in a cafè further uptown-I said,"So, when are we going to get the chance to make out?"
Jeremy blushes and ducked his head.
"This is where you thought we were going?" he asked."I hadn't really thought of you that way. I thought we were just friends."
Who has Saturday evening meetings with guys they meet online(on Manhunt, no less) and just thinks of them as friendly encounters?
I was insulted. And hurt.”
― Edward Southgate, quote from Great Pleasures
Wake
Glass Sword
A Song of Ice and Fi...
Lightning
Trickster's Queen
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