I enjoy being active, but I look forward to the day when I can retire to the Internet.

The illusion of skill is not only an individual aberration; it is deeply ingrained in the culture of the [investment management] industry.

People have little idea, by and large, of the investment world. They are convinced they have an advantage.

Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.

If you care about being thought credible and intelligent, do not use complex language where simpler language will do.

Nothing in life is quite as important as you think it is while you're thinking about it.

A large portion of the weekend effects is explained by differences in the amount of time spent with friends or family between weekends and weekdays.