The multiple failings of our flawed financial sector are jeopardizing, not only the retirement security of our nation's savers but the economy in which our entire society participates.

The principal role of the mutual fund is to serve its investors.

The miracle of compounding returns has been overwhelmed by the tyranny of compounding costs.

Reversion to the mean is the iron rule of the financial markets.

Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.

While I haven't read economist Robin Hahnel's work, replacing capitalism would be at the very bottom of my list of priorities - to be considered only after everything else had been tried. Improving our capitalistic system however, is at the top of my list and is of course the major theme of "The Battle for the Soul of Capitalism."

Time is your friend; impulse is your enemy.