The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.

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.

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

The typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks.

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

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).