Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.

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.

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

Investment success accrues not so much to the brilliant as to the disciplined.

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

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.