“Simplicity is the master key to financial success. The more complex the world around us becomes, the more simplicity we must seek in order to realize our financial goals.”
“This business is all about simplicity and low cost. I’m not into all these market strategies and theories and cost-benefit analyses — all the bureaucracy that goes with business. In investing, strip all the baloney out of it, and give people what you promise.”
“There’s no point in being contrarian about something that doesn’t make sense. An index fund always wins. It wins every single, solitary day, and there’s no way around it. The fact that everybody criticized it made me all the more sure.”
“The foxes are trying to manipulate people; they’re trying to manipulate investing. Foxes charge a premium for their services, because it’s supposedly so complicated and mere mortals can’t do it. But the hedgehog says, ‘Of course mere mortals can do it. Just understand the one great thing: Own the market, and own it at a very low cost. And you will demonstrably get 98% or 99% of the market return.'"
“Buy right and hold tight.”
