Kindness is more powerful than compulsion.

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.

Three men were laying brick. The first was asked: " What are you doing? He answered: " Laying some brick." The second man was asked: " What are you working for? " He answered: " Five dollars a day." The third man was asked: " What are you doing? He answered: " I am helping to build a great cathedral." Which man are you?

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

The nasty little secret was that I couldn't read worth a darn. In my case, I still read very slowly to this moment.

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 quickly learned that if I kept at it and plowed right through the rejections I would eventually get somebody to buy my wares.