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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (37568)8/2/2008 4:37:08 PM
From: gronieel  Read Replies (1) of 42834
 
Kirk: "You don't make the big bucks index hugging."

Jack Bogle: "I'm an indexer. I own the market. And I'm happy. Markets come and go. In my book, I use a quotation that I stole from Shakespeare. A day in movements of the market are like "a tale told by an idiot -- full of sound and fury, signifying nothing."

Warren Buffett: "Well, if they're not going to be an active investor - and very few should try to do that - then they should just stay with index funds. Any low-cost index fund. And they should buy it over time. They're not going to be able to pick the right price and the right time. What they want to do is avoid the wrong price and wrong stock."

Take your pick!
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