I am a huge fan of gays. They love me, and I love them. They think of me as sort of a gay icon.
Index investing outperforms active management year after year.
Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whome have never looked at whether the facts support the received wisdom. It's a basic fact of life that many things "everybody knows" turn out to be wrong.
Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.
If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I wait for a situation that is like the proverbial shooting fish in a barrel.
Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.
It was all very strange, Mr. Gray thought, as he wiped the coffee canister clean with a sponge. Very, very mysterious. You were born; you lived a whole life; and at the end, you wound up in a coffee canister. "Ah, well," he said out loud quietly. "That's just the way things are. Life's a funny business. " Death, he supposed, was the punch line.
Content arises out of certain considerations about form, material, context-and that when that subject matter is sufficiently far away.
We are all so close. We are godfather to each others' kids. I was the best man at Jesus' wedding.
I watch some CNN and a lot of Fox, because it helps me get irritated.