Index investing outperforms active management year after year.

I’ve got one shot going through this life. I want to make sure I do as much as I can.

Following what everyone else is doing is rarely a way to get rich.

You don't train for only the 100-meter dash and you don't practice only the excerpts. When I prepared for auditions, I spent most of my time each day on scales and exercises to be my best in basic musicianship, and only a half-hour or so on the actual excerpts I'd be playing.

Commodities tend to zig when the equity markets zag.

They wouldn't be politicians if they knew what they were doing.

Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whome have never looked at whether the facts support the received wisdom. It's a basic fact of life that many things "everybody knows" turn out to be wrong.