“Many businesses fail because the owner wasn't willing to invest and wasn't educated on the difference between spending money frivolously and investing money into the business for growth, and the risks and rewards of that cash infusion.” GrowthDifferencesFailingRiskWillingRewardsInvestingSpendingEducatedOwnersCashSpending MoneyInvesting MoneyInfusionRisk And Reward Author:Carol Roth
“I believe in infrastructure, I believe in investing in your hard assets. Where I think government starts to fail is when it starts getting itself weighed down with the social programs. And I think the American public just feels like a lot of that money is tossed aside and wasted.” ThinkingFeelsBelieveHardGovernmentI BelieveSocialFailingProgramInvestingI Believe InAssetsInfrastructureSocial Programs Author:Mick Cornett
“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
“The multiple failings of our flawed financial sector are jeopardizing, not only the retirement security of our nation's savers but the economy in which our entire society participates.” NationsEconomyFailingSecurityInvestingFinancialRetirementMultipleFlawed Author:John C. Bogle
“It's bad enough that you have to take market risk. Only a fool takes on the additional risk of doing yet more damage by failing to diversify properly with his or her nest egg. Avoid the problem-buy a well-run index fund and own the whole market.” WellsEnoughWholeProblemRunningFailingRiskFoolInvestingDamageFundEggsNestsIndex FundsMarket Risk Book:The Four Pillars of Investing Source: The Four Pillars of Investing
“In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.” MenMayEndsWealthRichFailingHe ManSourceAchievementStructureInvestingFinancialTricksGoldenInvestorsTransformedCan NotAlchemyAccountingAlchemistGullibleBecome Rich Author:Warren Buffett
“It is the long term investor who will in practice come in for the most criticism. For it is the essence of his behaviour that he should be eccentric, unconventional and rash in the eyes of the average opinion. If he is successful, that will only confirm the general belief in his rashness; and if in the short run he is unsuccessful, which is very likely, he will not receive much mercy. Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.” IfsThinkingShouldLongEyeRunningBeliefTermOpinionTeachPracticeSuccessfulFailingSucceedCriticismMercyEssenceIndependentInvestingAverageReputationLong TermInvestorsBehaviourWorldlyEccentricUnsuccessfulUnconventionalIndependent ThinkingRashnessWorldly Wisdom Author:John Maynard Keynes
“Entrepreneurs usually don't listen to people. Trust them to do their job. Remember, you invested with the understanding the project was likely to fail.” PeopleJobsRememberUnderstandingFailingProjectsEntrepreneurInvestingRemember YouRemembers You Author:Dave McClure