“A share in the sovereignty of the state, which is exercised by the citizens at large, in voting at elections is one of the most important rights of the subject, and in a republic ought to stand foremost in the estimation of the law...That portion of the sovereignty, to which each individual is entitled, can never be too highly prized. It is that for which we have fought and bled.” ImportantStatesLawIndividualRightsShareSubjectsOughtCitizensElectionVotingRepublicPortionsEntitledSovereigntyEstimationElections And Voting Author:Alexander Hamilton
“Index funds are... tax friendly, allowing investors to defer the realization of capital gains or avoid them completely if the shares are later bequeathed. To the extent that the long-run uptrend in stock prices continues, switching from security to security involves realizing capital gains that are subject to tax. Taxes are a crucially important financial consideration because the earlier realization of capital gains will substantially reduce net returns.” IfsLongImportantRunningRealizingShareSubjectsSecurityReturnTaxesGainsInvestingFinancialRealizationConsiderationFriendlyFundAllowingInvestorsLong RunsSwitchingStock PriceCapital GainsIndex Funds Author:Burton Malkiel
“Compassion is something we can count on. Even if we face economic problems and our fortunes decline, we can still share our compassion with our fellow human beings. National and global economies are subject to many ups and downs, but through them all we can retain a compassionate attitude that will carry us through.” IfsHumansStillsProblemFacesHuman BeingsAttitudeCompassionEconomyShareEconomicSubjectsFellowsFortuneCompassionateDeclineUps & DownsGlobal EconomyEconomic Problems Author:Dalai Lama
“I know nothing about this subject, but I do have prejudices, which I am more than happy to share with you.” KnowsShareSubjectsPrejudice Author:Leon Botstein
“Although I am very interested in the subject of human misjudgment - and lord knows I've created a good bit of it - I don't think I've created my full statistical share, and I think that one of the reasons was I tried to do something about this terrible ignorance I left the Harvard Law School with.” ThinkingKnowsHumansReasonSchoolLawLeftBitsLordShareSubjectsIgnoranceTerribleHarvardLaw SchoolHarvard Law School Author:Charlie Munger