Bluntly put, there's no chance that your doctor, dentist, or attorney is a high-school dropout. Your stockbroker, however, just might be.

The key thing about any fund is to make sure its expenses are low. You know, if you look at the funds in your plan and you see that they're all charging 1.5 and 2 percent,you've gota bad plan.

The reason that 'guru' is such a popular word is because 'charlatan' is so hard to spell.

The essence of effective portfolio construction is the use of a large number of poorly correlated assets.

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

You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.

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