“From financial history and from my own experience, I long ago concluded that regression to the mean is the most powerful law in financial physics: Periods of above-average performance are inevitably followed by below-average returns, and bad times inevitably set the stage for surprisingly good performance.” – Jason Zwieg Investors love to tell themselves stories…

“Common sense is not so common.” – Voltaire Here’s a really interesting business story about Hebert Dow (founder of Dow Chemical) that was featured on Quora this week: Herbert Dow founded Dow Chemical in Midland, Michigan when he invented a way to produce bromine cheaply. He sold the chemical for industrial purposes all over the…

“Weakness of attitude becomes weakness of character.” – Albert Einstein A recent Gallup study showed that only 30% of American workers feel engaged or inspired by their jobs. That leaves 70% who are not reaching their full potential. And about 52% said that they put in time and effort, but just don’t have energy or…

“Stocks are the thing to own over time. Productivity will increase and stocks will increase with it. There are only a few things you can do wrong. One is to buy or sell at the wrong time. Paying high fees is the other way to get killed. The best way to avoid both of these…

“I think it’s important to be diversified not only across different companies, but across different industries and, most importantly, across different countries.” – Mark Mobius

“Investors should remember that excitement and expenses are their enemies.” – Warren Buffett In Vanguard’s most recent newsletter they laid out their four timeless principles to help you reach your investing objectives. They are: 1. Goals: Create clear, appropriate investment goals. 2. Balance: Develop a suitable asset allocation using broadly diversified funds. 3. Cost: Minimize…

“A budget tells us what we can’t afford but it doesn’t keep us from buying it.” – William Feather To invest you first must be able to save.  I like to think that an investment portfolio starts out as a saving portfolio. And to save you must first be able to limit or track your…

“When clients pay attention to noise, we call it dumb. When advisors do it, we call it research.” – Carl Richards I feel that most investors should be able to manage their investments on their own. The playing field has been leveled in the past few decades, giving individual investors the ability to handle their…

“In an ideal world everyone would generate sufficient savings on their own to help fund their own retirement. However most of the data shows that Americans are simply unable to do this on their own.” – Tadas Viskanta In one of my MBA classes on leadership and organizational behavior we went over the five personality…