“Diversification is always working; sometimes you’ll like the results and sometimes you won’t.” – Larry Swedroe Traders get to use cool sayings like, “let your winners run but cut your losers quickly.” Long-term investors need to periodically do the exact opposite and sell their winners to buy their losers. Mean reversion rests on the premise of…

“Don’t do something; just stand there.” – Jack Bogle

“Anyone who says that size does not hurt investment performance is selling. The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But I was investing peanuts then. It’s a huge structural advantage not to have a lot of money.” – Warren Buffett Yes, size…

“Volatility can be a good thing for investors; be prepared to benefit from it. […] Political uncertainty – like any other form of uncertainty – can be your green light to move into a market.” – Mark Mobius Emerging Markets have been getting all of the financial headlines lately. Currency issues and political instability have…

“The investor’s chief problem – and even his worst enemy – is likely to be himself.” – Benjamin Graham

“Hire an advisor because it is very hard to see the errors in your own behavior & it is easy to see the errors in someone else’s behavior.  Very few people need to hire advisors because of the size of their calculators.  They need an advisor to help them behave correctly.” – Carl Richards

“The good news is that in reality, risk and diversification are about what happens over the long haul, not during a punishing downturn like 2007-2009.” – William Bernstein In Skating Where the Puck Was, William Bernstein tackles one of the central tenets of any comprehensive investment plan — diversification. Specifically, Bernstein discusses correlation among the…

“The average long-term experience in investing is never surprising, but the short-term experience is always surprising.” – Charles Ellis

“In the short term the impact of costs may appear modest, but over the long run, investment costs become immensely damaging to an investor’s standard of living. Think long term!” – John Bogle At this point, most investors are aware of the fact that keeping your costs low is one of the most important factors…

“Opinion is ultimately determined by the feelings, and not by the intellect.” – Herbert Spencer