I Don't Care Very Much For The

Forsake Search For Needles That Are So Very Small In Haystacks That Are So Very Large.

Still, I Figure We Shouldn't' Discourage Fans Of Actively Managed Funds. With All Their Buying And Selling, Active Investors Ensure The Market Is Reasonably Efficient. That Makes It Possible For The Rest Of Us To Do The Sensible Thing, Which Is To Index. Want To Join Me In This Parasitic Behavior? To Build A Well-diversified Portfolio, You Might Stash 70 Percent Of Your Stock Portfolio Into A Wilshire 5000-index Fund And The Remaining 30 Percent In An International-index Fund.

I Couldn't Reconcile What I Was Being Taught At The University Of Chicago, The Lectures And The Books I Was Being Assigned, With What I Knew To Be True Out In The Streets.

I Don't Care Very Much For The People Magazine Approach To Applied Economics.

The Problem Is No Longer That With Every Pair Of Hands That Comes Into The World There Comes A Hungry Stomach. Rather It Is That, Attached To Those Hands Are Sharp Elbows.