“So please don't forget that considering the probabilities of future returns only begins the decision-making process. Decisions have consequences. If the consequences of being badly wrong about future returns would imperil your financial future, be conservative.” — John C. Bogle Copy Share Image
We don't know the probabilities of future events. Still, you have to take action, and so you do it on gut feeling. That's the world we live in. — Robert J. Shiller Copy Share Image
