Success is neither magical nor mysterious. Success is the natural consequence of consistently applying basic fundamentals.
--
Jim Rohn
Related quotes (
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The individual investor should act consistently as an investor and not as a speculator.
Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.
Without continual growth and progress, such words as improvement, achievement, and success have no meaning.
It's neither safe nor practical to assume that man in your life can be counted on to take care of your finances.
Success is neither magical nor mysterious. Success is the natural consequence of consistently applying basic fundamentals.
You can't pick winning stocks. Don't feel bad. I can't either. Nor can 80%+ of most pros.
Over the short run, the fundamentals are often overwhelmed by the deafening noise of speculation
The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor.
The index fund is a most unlikely hero for the typical investor. It is no more (nor less) than a broadly diversified portfolio, typically run at rock-bottom costs, without the putative benefit of a brilliant, resourceful, and highly skilled portfolio manager.
The winning formula for success in investing is owning the entire stock market through an index fund, and then doing nothing. Just stay the course.
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