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

There are two kinds of investors, be they large or small: those who don't know where the market is headed and those who don't know what they don't know. Then again, there is a third type of investor: the investment professional, who indeed knows he doesn't know, but whose livelihood depends upon appearing to know.

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

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.

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

When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.

Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.