Maybe the yogi is a parent who's a little more patient with their child, or a more compassionate … - David F. Swensen

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You can't concentrate on doing anything if you are thinking, “What's gonna happen if it doesn't go right?

David F. Swensen

Maybe the yogi is a parent who's a little more patient with their child, or a more compassionate coworker, or an understanding boss. Perhaps, they pick up a piece of trash that wasn't theirs, turn off a light when they're not in the room, or turn off the water while they brush their teeth, sensitive to the finite nature of our worldly resources. When we become mindful this way, there's a ripple effect. We inspire others to do the same.

Become, Children, Compassionate, Light, Maybe, Water

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Active management strategies demand uninstitutional behavior from institutions, creating a paradox that few can unravel. Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios, which frequently appear downright imprudent in the eyes of conventional wisdom.

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Unless an investor has access to 'incredibly high-qualified professionals,' they should be 100 percent passive - that includes almost all individual investors and most institutional investors.

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Most active mutual funds are more interested in collecting fees than in boosting returns for investors.

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Never underestimate the gullibility of large pools of money.

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A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0. 6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4. 8 percent per annum.

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