We make too much out of past performance, and it's very misleading to investors. It causes them to move money around. They buy a fund that's hot and then it turns cold as all hot funds eventually do. And then… — John C. Bogle Copy Share Image
My advice is this: If you want to buy funds, buy no-loads, because you'll spare yourself the commission. But every time you sell, whether you buy another fund or not, put 5% into an account for your spouse to blow… — Kenneth Fisher Copy Share Image
