For the taxable investor, indexing means never having to say you're sorry.

There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.

Do the math. Expect catastrophes. Whatever happens, stay the course.

All the things that make us human make us terrible investors and you have to understand what they are and how to avoid them.

If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.

It's human nature to find patterns where there are none and to find skill where luck is a more likely explanation (particularly if you're the lucky manager).

99% of fund managers demonstrate no evidence of skill whatsoever.