You want to be where the puck is going, not where it is. 

- Wayne Gretsky 

Our favorite Calvin Coolidge quote:

There is no dignity quite so impressive and no independence quite so important as living within your means.

- Calvin Coolidge

Our favorite P.T. Barnum quote:

Money is a terrible master but an excellent servant. 

 - P.T. Barnum

Our favorite Malcolm Forbes quote: 

If you don't know what you want to do, it's harder to do it. 

- Malcolm Forbes

Our favorite Japanese proverb:

He who can see three days ahead will be rich for three thousand years.   

Our favorite Aristotle quote:

The roots of education are bitter, but the fruit is sweet. 

- Aristotle

Our favorite Winston Churchill quote:

There is nothing wrong with change, if it is in the right direction. 

- Winston Churchill 

Our favorite Girolamo Cardano quote:

The greatest advantage from gambling comes from not playing it at all.

- Girolamo Cardano, sixteenth century physician and mathematician

Our favorite Paul Samuelson quote:

It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office. 

- Paul Samuelson

Our favorite Jonathan Clements quotes:

I believe the search for top-performing stock funds is an intellectually discredited exercise that will come to be viewed as one of the great financial follies of the late 20th century.

- Jonathan Clements, Wall Street Journal

If you want to see the greatest threat to your financial future, go home and take a look in the mirror.

- Jonathan Clements, Wall Street Journal

Our favorite Gus Sauter quote: 

Like everybody else in this industry I have an ego large enough to believe I'm going to be one of the select few that will outperform.  

– Gus Sauter. Manager of several index funds and one actively managed fund at Vanguard

Our favorite George Goodman quote:  

If you don't know who you are, the stock market is an expensive place to find out. 

- George Goodman

Our favorite Warren Buffett quotes:

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

 - Warren Buffett

An investor needs to do very few things right as long as he or she avoids big mistakes.

- Warren Buffet

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

 - Warren Buffett

Our favorite John D. Rockefeller quote: 

I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature.

- John D. Rockefeller

Our favorite Peter Lynch quote:

“I spend about 15 minutes a year on economic analysis... I also spend 15 minutes a year on where the stock market is going.”

- Peter Lynch 

 Our favorite Alan Cranston quote: 

"Inflation is not all bad.  After all, it has allowed every American to live in a more expensive neighborhood without moving."

-Alan Cranston

Our favorite Burton Malkiel quote: 

"Many people will find the guarantee of playing the stock-market game at par every round a very attractive one.  The index fund is a sensible, serviceable method for obtaining the market's rate of return with absolutely no effort and minimal expense."

- Burton G. Malkiel author of A Random Walk Down Wall Street and Professor of Economics at Princeton University

Our favorite John Bogle quotes:

Don't look for the needle in the haystack.  Just buy the haystack. 

- John C. Bogle, “The Little Book of Common Sense Investing”

It’s amazing how difficult it is for a man to understand something if he is paid a small fortune not to understand it. 

- John Bogle on why securities salespeople seem to ignore the advantages of index funds.

We investors as a group get precisely what we don’t pay for. So if we pay nothing, we get everything.

- John Bogle on the advantages of minimizing expenses.

Accurately forecasting swings in investors’ emotions is not possible. But forecasting the long-term economics of investing carries remarkably huge odds of success.

- John Bogle

Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains.

- John Bogle

To achieve satisfactory investment results is easier than most people realize.

- John Bogle

 

Our favorite Yogi Berra quotes:

Someone once asked Yogi Berra what he would do if he found a million dollars. Yogi replied: "I'd find the fellow who lost it, and, if he was poor I'd return it."

- Yogi Berra

If you don't know where you are going, you will wind up somewhere else.

- Yogi Berra
 
If you come to a fork in the road take it.

- Yogi Berra
 
I wish I had an answer to that because I'm tired of answering that question.

- Yogi Berra
 
In theory there is no difference between theory and practice.  In practice there is.

- Yogi Berra
 
The future ain't what it used to be.

- Yogi Berra
 
There are some people who, if they don't already know, you can't tell 'em.

- Yogi Berra
 
I made a wrong mistake.

- Yogi Berra
 
You should always go to other people's funerals, otherwise they won't come to yours.

- Yogi Berra
 
Nobody goes there anymore.  It's too crowded.

- Yogi Berra 

Our favorite Mark Twain quotes:

It ain't what you don't know that gets you into trouble.  It's what you know for sure that just ain't so.

 - Mark Twain

I was seldom able to see an opportunity until it had ceased to be one.

 - Mark Twain

It is easier to stay out than get out.

 - Mark Twain

Any emotion, if it is sincere, is involuntary.

- Mark Twain

A gold mine is a hole in the ground with a liar on top.

- Mark Twain

Courage is resistance to fear, mastery of fear--not absence of fear.

- Mark Twain

October: This is one of the peculiarly dangerous months to speculate in stocks.  The others are July, January, September, April, November, May, March, June, December, August, and February.

 - Mark Twain

There are two times in a man's life when he should not speculate:  when he can't afford it and when he can.

 - Mark Twain

Behold the fool saith, "Put not all thine eggs in the one basket"--which is but a manner of saying, "scatter your money and your attention," but the wise man saith, "Put all your eggs in the one basket and WATCH THAT BASKET."

- Mark Twain

It is wiser to find out than suppose.

- Mark Twain