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In the long run, the investor is far better served by the compounding of low-cost returns than by chasing high returns with high costs.
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The hardest part of investing is not finding the best stocks. It is managing your own behavior.
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The investment management business is built on a simple and false premise: that talented professionals can systematically beat the market.
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The average investor would be significantly better off if they indexed everything and stopped reading the financial press.
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Amateur investors can beat market professionals simply by not trying to.