Good Questions Outrank Easy Answers.

Even If This Advice To Portfolio Decision Makers To Drop Dead Is Good Advice, It Obviously Is Not Counsel That Will Be Eagerly Followed. Few People Will Commit Suicide Without A Push. And Fewer Still Will Pay Good Money To Be Told To Do What Is Against Human Nature And Self-interest To Do.

Investing Is Like Waiting For Paint Dry And Grass Grow So. If You Like Fun, Let Handle 800 Usd And Headed To Las Vegas

Perhaps There Really Are Managers Who Can Outperform The Market Consistently - Logic Would Suggest That They Exist. But They Are Remarkably Well-hidden.

Two-thirds Of A Century After [the Road To Serfdom] Got Written, Hindsight Confirms How Inaccurate Its Innuendo About The Future Turned Out To Be.

You Could Be Disqualified For A Job [at Harvard] If You Were Either Smart Or Jewish Or Keynesian. So What Chance Did This Smart, Jewish, Keynesian Have?