Unless an investor has access to โincredibly high-qualified professionals,โ they โshould be 100 percent passive - that includes almost all individual investors and most institutional investors.
David F. SwensenThe real riches of yoga cannot be seen; they are felt and experienced from the inside out.
David F. SwensenMy first encounter with yoga was in 1969 with my older brother Doug. I was thirteen years old, and he was eighteen. He'd learned about yoga in California on a surfing trip, and when he came back to Houston, Texas, he introduced me to this new stuff he'd learned. I'll always be grateful for that positive influence at an early age.
David F. SwensenWhen you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there's almost no chance that you end up beating the index fund.
David F. Swensen