Before costs, beating the market is a zero-sum game. After costs, it is a loser's game.
--
John Bogle
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Wealth after all is a relative thing since he that has little and wants less is richer than he that has much and wants more.
We are being taught by everything around us to have dessert before dinner. Now we are paying for our lack of knowledge and discipline.
Always remember, money isn't everything - but also remember to make a lot of it before talking such fool nonsense.
Try to save something while your salary is small; it's impossible to save after you begin to earn more.
It costs nothing to ask a successful person how they succeeded, but it may deliver more value than 1,000 hours of hard work.
Wealth is a game that compounds. As we age, we should spend more time staying fit and less time making money.
Index investing outperforms active management year after year.
Before costs, beating the market is a zero-sum game. After costs, it is a loser's game.
Fund performance comes and goes. Costs go on forever.
I believe, deeply and profoundly, that speculation is a loser's game.
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