Cost Quote by John C. Bogle

The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.

— John C. Bogle

“Investors need to understand not only the magic of compounding long-term returns, but the tyranny of compounding costs; costs that ultimately overwhelm that magic.”

— John C. Bogle

Enjoy the magic of compounding returns. Even modest investments made in one's early 20s are likely to grow to staggering amounts over the course…

— John C. Bogle

The best strategy is one that offers the highest compound return consistent with no risk of going broke.

— William Poundstone

Net return is simply the gross return of your investment portfolio less the costs you incur. Keep your investment expenses low, for the tyranny…

— John C. Bogle

The unjustified swelling of the budgetary deficit and the accumulation of public debts are just as destructive as adventurous stock-jobbing.

— Vladimir Putin

As value investors, our business is to buy bargains that financial market theory says do not exist. We've delivered great returns to our clients…

— Seth Klarman

“The modern Berkshire Hathaway that he had created churned out new beads for the rosary almost like a clockwork. Buffett’s hunt for things to…

— Alice Schroeder

It's difficult to fix a truly broken business, but when it happens, the returns can be extraordinary.

— Whitney Tilson

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.

— Alan Greenspan

The law of diminishing returns is something I really believe in.

— Thomas Keller

The idea of excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results.

— Charlie Munger