The grim irony of investing, then, is that we investors as a group not only don't get what we pay for, we get precisely what we don't pay for. So if we pay for nothing, we get everything.

I think it's gone much too far. Most of them are not worth the powder to blow them to hell.

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.

I'm not an expert on Islam, but I think there are lots of noble religions whose basic principles could stand considerably more observation in the world of business.

If your fund doesn't last for the long term, how can you invest for the long term?

I think we all ought to be careful about too much generalization on this issue, even as I confess to painting with a pretty broad brush myself!

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