"While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry."

-- William J. Bernstein

#Sorry Quotes #Mean Quotes #Years Quotes

“For a long time, I saw writing prose as chewing rocks compared to the velocities of writing poetry.”

Source : Source: therumpus.net
“I prefer working on films. I like the variety. There is nothing better than playing a bad girl for two months, then playing someone sweet for the next two. Films give you this opportunity.”
“This is a proud moment for our city. This is the first time we have won a Finals game in this city, and I'm happy to be part of the history.”
“Modern physics is describing what the ancient wisdom keepers of the Americas have long known. These shamans, known as 'the Earthkeepers,' say that weâ€™re dreaming the world into being through the very act of witnessing it. Scientists believe that weâ€™re only able to do this in the very small subatomic world. Shamans understand that we also dream the larger world that we experience with our senses.”
“Education should be the process of helping everyone to discover his uniqueness, to teach him how to develop that uniqueness, and then to show him how to share it because thatâ€™s the only reason for having anything.”
“You know, thereâ€™s something when you just know you fit together. And I fit with you. I donâ€™t care what you are, human or anything else. Itâ€™s like a need, Maddy. So please.â€ He stopped and looked at her desperately. Nakedly. â€œGive me a chance, Maddy.”
“Keep in mind that Eric Alterman is media critic for The Nation-a hysterically left-wing magazine dedicated to the proposition that corporate America, U.S. foreign policy and the Republican Party are criminal, racist or both. The simple reality is that, for him, the Democratic Party is far too conservative.”
“There are some things you only learn through experience.”

You may also like:

Benjamin Graham
Investor
Burton Malkiel
Economist
David F. Swensen
John C. Bogle
Investor
Mike Medavoy
Film Producer
Peter L. Bernstein
Economist
Peter Lynch
Businessman
Thomas J. Stanley
Writer
Jeremy Siegel
Professor