If you can't find the next McDonald's, I'll find the next McDonald's. But it's vital to be with people who with looking for 'em, because they do exist. They are created.

We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to come. But we must.

I invest in funds myself even though I run my own fund for my daughters.

After a lifetime of picking stocks, I have to admit that Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him. Bogle's wisdom and common sense are indispensable... for anyone trying to figure out how to invest in this crazy stock market.

A good investor in this new world knows to always expect the unexpected.

The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.

Well, he's just the same guy who in other aspects of his life would be very late to a trend.