It will also tell you how easy it is to do just that. Simply buy the entire stock market. Then, once you have bought your stocks, get out of the casino and stay out. Just hold the market portfolio forever. And that’s what the index fund does. This investment philosophy is not only simple and elegant. The arithmetic on which it is based is irrefutable. But it is not easy to follow its discipline.
它还会告诉你做到这一点是多么容易。只需购买整个股票市场。然后，一旦你买了股票，就离开赌场，留在外面。只要永远持有市场投资组合。这就是指数基金所做的。这种投资理念不仅简单而优雅。它所依据的算术是无可辩驳的。但要遵循它的纪律并不容易。
写作是为了抵抗遗忘。
人生最大的遗憾，莫过于轻易地放弃了不该放弃的，固执地坚持了不该坚持的。
True freedom comes from the liberation of the soul.
市场不能替代政府，政府也不能替代市场。
每一个失败的实验都是迈向成功的一步，只要你从中学习。
下一波经济增长将由那些将地球置于利润之上的人推动。