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

People succeed at just about anything they're genuinely enthusiastic about.

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.

Don't limit investing to the financial world. Invest something of yourself, and you will be richly rewarded.

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?

I have yet to find the man, however exalted his station, who did not do better work and put forth greater effort under a spirit of approval than under a spirit of criticism.

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