Reading: "The Little Book of Common Sense Investing.."
It's a book full of quotes. I'm now trying to have an excerpt on what the quotes inside: -
- Indexing stock market sectors, a strong idea; Betting on stock market sectors, a weak reality.
- Index funds eliminate the risks of individual stocks, market sectors, & manager selection. Only stock market risk remains.
- Get rid of all your Helpers, then our family will again reap 100 percent of the pie that corporate bakes for u.
- It's dangerous.. .. .. to apply to the future inductive arguments based on past experiences.
- Accurately forecasting swings in investor emotions is not possible, But forecasting the long-term economics of investing carries remarkably high odds of success.
- Fund returns are devastated by costs, taxes, and inflation.
- Only three (3) out of the 355 equity funds that started the race in 1970 - 8/10 of 1 percent - have survived and mounted a record of sustained excellence.
- Yesterday's Winners; Tomorrow's Losers.