... some important factor doesn't lose its "share of force" just because some "expert" can better measure other types of force.

Chris Davis [of the Davisfunds] has a temple of shame. He celebrates the things they did that lost them a lot of money. What is also needed is a temple of shame squared for things you didn't do that would have made you rich. Forgetting your mistakes is a terrible error if you are trying to improve your cognition. Reality doesn't remind you. Why not celebrate stupidities in both categories?

The normal expectancy of the average investor - for example, the pension funds of AT&T or IBM - is 6% for a long time.

They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good job of educating troubled young people to be good citizens and they're probably more successful than charter schools.

In my life there are not that many questions I can't properly deal with using my $40 adding machine and dog-eared compound interest table.

It's a rare business that doesn't have a way worse future than it has a past.

Opportunity comes to the prepared mind.