“To repeat, while such an index-driven strategy may not be the best investment strategy ever devised, the number of investment strategies that are worse is infinite.”-John Bogle
“Time is the coin of your life. It is the only coin you have, and only you can determine how it will be spent. Be careful lest you let other people spend it for you.” – Carl Sandburg
“Know when to sell. Ideally, the time to sell is…almost never. But there’re 3 instances where we might need to sell: 1) our analysis is wrong 2) prospects of business have deteriorated 3) There’s a better opportunity” – Thomas Chua (Twiiter post)
“The presence or absence of intrinsic productive capacity that lends itself to rational valuation seems to me the dividing line between investment and speculation” – Nick Murray
“Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep by him in reserve.” – Ancient Talmud
