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. SwensenMillions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging high-quality investment managers to provide professional insight. The conventional wisdom ends up hopelessly unwise, as evidence shows an overwhelming rate of failure by mutual funds to deliver on promises.
David F. SwensenPracticing yoga is a constant evolution. The Ashtanga system can appear very rigid, with its predetermined sequences, but actually there's great freedom within its structure. From the repetition, we learn to find depth in the minutiae of the actions and the wonder of breath and prana.
David F. Swensen