Passion is the great slayer of adversity. Focus on strengths and what you enjoy.

It's fun to play around... it's human nature to try to select the right horse... But for the average person, I'm more of an indexer... The predictability is so high... For 10, 15, 20 years you'll be in the 85th percentile of performance. Why would you screw it up?

Most of the mutual fund investments I have are index funds, approximately 75%.

Passion is the great slayer of adversity. Focus on strengths and what you enjoy.

Nobody wants to be passive; indexing is not passive - much more goes into indexing than watching a stock become the next buggy whip.

There is nothing else that so kills the ambitions of a person as criticisms from superiors. I never criticize anyone...If I like anything, I am hearty in my approbation and lavish in my praise.

I am like a chief. I like to taste the food. If it tastes bad, I don't serve it. I'm constantly monitoring what we do, and I'm always looking for better ways we can provide financial services, ways that would make me happy if I were a client.