He will risk half his fortune in the stock market with less reflection than he devoted to the selection of a medium-price automobile
It’s amazing that 2% makes such a big difference
One way to be adept at avoiding failure is to avoid attempting anything you might fail at
Beating the market can be dangerous psychologically
Today’s FAAMGNs, that is today’s ‘vital few’, will not be the ‘vital few’ 20 years from now
No investment decision should ever be motivated by trying to beat the market. The moment this impulse creeps in, the investor is liable to risk seeking behavior.