“While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by 17 percent after 20 years.” YearsBalancePercentPerformancesAccountsImpactFundUnpredictableAnnualsFees Author:Arthur Levitt Jr
“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.” YearsMeanIdeasGrowsPoorTerribleTaxesGainsPerformancesAccountsSellsSorryInvestingFundInvestorsDragPercentagesCapital GainsIndex FundsIndexing Author:William J. Bernstein
“I firmly believe that all human beings have access to extraordinary energies and powers. Judging from accounts of mystical experience, heightened creativity, or exceptional performance by athletes and artists, we harbor a greater life than we know.” KnowsLifeBelieveHumansGodArtistSpiritualityEnergyHuman BeingsCreativityGreaterJudgingExperiencePerformancesAccountsExtraordinaryAthleteAccessMysticalExceptionalHarborsMystical Experiences Book:A Mythic Life: Learning to Live Our Greater Story Source: A Mythic Life: Learning to Live Our Greater Story
“The system that people work in and the interaction with people may account for 90 or 95 percent of performance.” PeopleMayPercentPerformancesAccountsInteractionPerformance Review Author:W. Edwards Deming
“When parents have college savings accounts for their kids, their kids show higher social and cognitive performance.” ShowsKidsSocialParentCollegeHigherPerformancesAccountsSavingSavingsCognitiveSavings Accounts Author:Dan Ariely
“The serial bully, who in my estimation accounts for about one person in thirty in society, is the single most important threat to the effectiveness of organisations, the profitability of industry, the performance of the economy, and the prosperity of society.” PersonsImportantEconomyIndustryPerformancesAccountsThreatProsperityThirtyBullyingBullyEffectivenessOrganisationSerialsEstimationProfitability Author:Tim Field