“A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum.” LosesWealthResultsFailingProduceTaxesBeatsPercentGainsInvestingFundDestroyingMarginsAnnualsVanguardIndex Funds Author:David F. Swensen
“Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market.” ThinkingShouldTryingYearsStillsSufferingThreeClearFailingIndustryProveBeatsAdultsInvestingFollowingEightLoyaltyFundMutualStatisticsEasterSantaSanta ClausArdentBunniesMutual FundDerisionHoaxesPointersClear ThinkingEaster Bunny Author:Jonathan Clements
“Strive for perfection - never be content with mediocrity. You don't win until you conquer the little flaws. You don't beat these great ones until your form is perfect. This is true in all of life. A flaw in a product can ruin a business. A personal failing, a little one, can ruin a person's life. Don't be content with mediocrity - strive to live up to the greatest within you.” LittlesPersonsFormWinningSportsLeadershipPerfectFailingProductsBeatsPerfectionStriveRuinsConquerFlawsMediocrityWithin YouGreat Ones Author:Bob Richards
“I beat myself up in the studio because I know that a lot of people are expecting me to fail.” PeopleKnowsFailingBeatsStudiosExpecting Author:Jessica Simpson
“Awareness, even at a subconscious level, beats fancy checklists without it, track or you will fail.” LevelsFailingAwarenessBeatsTrackFancySubconsciousChecklists Author:Tim Ferriss