There's only one thing harder than living in a home with an adolescent - and that's being an adolescent. The moodiness, the… — Jeffrey Kluger Copy Share Image
The debate can be put in the form of the question: Resolved, that the best of money managers cannot be demonstrated to… — Paul Samuelson Copy Share Image
The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that… — Warren Buffett Copy Share Image
Over the long term, despite significant drops from time to time, stocks (especially an intelligently selected stock portfolio) will be one of… — Joel Greenblatt Copy Share Image
In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes… — Hyman Minsky Copy Share Image
The investor with a portfolio of sound stocks should expect their prices to fluctuate and should neither be concerned by sizable declines… — Benjamin Graham Copy Share Image
I think that intelligent forecasting (company revenues, earnings, etc.) should not seek to predict what will in fact happen in the future.… — Peter Cundill Copy Share Image
Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real… — Charlie Munger Copy Share Image
Northleaf is delighted to have been chosen to manage the new fund. We look forward to implementing the fund's long-term strategy of… — Jeff Pentland Copy Share Image
The art of banking is always to balance the risk of a run with the reward of a profit. The tantalizing factor… — James Grant Copy Share Image
In going directly to Investment Heaven, you build your portfolio as you would build a wonderful company through a merger and acquisition… — Robert Haugen Copy Share Image
Your heart, my friend, is the size of a stadium. If you try to fill it with small things - a new… — Roy H. Williams Copy Share Image
Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market… — Paul Samuelson Copy Share Image
It is tempting to call for better leadership, but we probably expect too much from the leaders of the nations. Those nations… — Charles Handy Copy Share Image
I will keep a substantial long exposure to gold -- which serves as a Jelly Donut antidote for my portfolio. While I'd… — David Einhorn Copy Share Image
Short-term performance envy causes many of the shortcomings that lock most investors into a perpetual cycle of underachievement. Watch your competitors not… — Seth Klarman Copy Share Image
It's quite clear that stocks are cheaper than bonds. I can't imagine anybody having bonds in their portfolio when they can own… — Warren Buffett Copy Share Image
Photographers should make three or four prints from one negative and then crop them differently. When I was art director at Harper's… — Alexey Brodovitch Copy Share Image
Perhaps the most important job of a financial advisor is to get their clients in the right place on the efficient frontier… — Harry Markowitz Copy Share Image
A powerful portfolio of physiological and behavioural evidence now exists to support the case that fish feel pain and that this feeling… — John Webster Copy Share Image
Warren Buffett likes to say that the first rule of investing is "Don't lose money," and the second rule is, "Never forget… — Seth Klarman Copy Share Image
Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees… — Burton Malkiel Copy Share Image
If you look at what's happened to the stock market, if you look at what's happened to housing values, if you look… — William J. Clinton Copy Share Image
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own… — Warren Buffett Copy Share Image
I have resigned from the professional undertaking of coin flipping. I am not here to tell you where gold's going to be.… — Hugh Hendry Copy Share Image
When you are incubating new ideas, "Don't put all your eggs in one basket" is very good advice. But when you are… — Geoffrey Moore Copy Share Image
There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any… — Warren Buffett Copy Share Image
