Anyone can get an index fund — buying the benchmark — for pennies, so we don't feel we deserve much compensation for just doing as well as the index. If we don't add value, we shouldn't get paid.

Anyone can get an index fund — buying the benchmark — for pennies, so we don't feel we deserve much compensation for just doing as well as the index. If we don't add value, we shouldn't get paid.

If you're not going to offend somebody you don't need the First Amendment.

Maybe some of his decisions were a little misguided.

It's not always the results. Sometimes it's seeing their poise or lack thereof. You want to see if they'll battle when it gets tough.

I've led this empty life for over forty years and now I can pass that heritage on and ensure that the misery will continue for at least one more generation.