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The greatest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.
The good life is a process, not a state of being. It is a direction, not a destination.
Strategy is about setting yourself apart from the competition. It's not a matter of being better at what you do – it's a matter of being different at what you do.
Strategy is not about being better than your competitors. It's about being different.
Strategy is not about being better at what you do; it's about being different in what you do.
The essence of investment management is the management of risks, not the management of returns.
The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.