You, your employer and your plan's investment managers fail to follow even the most basic rules of investing. You overtrade, chase performance, do not think long term. All of you - All Of You - have done a horrible job managing your retirement plans.
They say adolescent 'best' friendships are like love affairs where we learn the rules of relationships: commitment, trust, loyalty, jealousy, exchange, loss. Not being acquainted with the theories of friendship, Charles and Lise chose each other out ...
I don't know who explained this rule to me; maybe it was the product of my own speculations and fantasies. That would have been typical: I was always inventing stories and machinations to make sense of things I didn't understand, and I understood alm...
There's an interesting contrast between born Catholics and converts. Converts are often much more rule-directed. Catholicism isn't something that they breathed in from their childhood, so they think that if you don't toe the line on abstract doctrine...
Masculine exhalations are, as a rule, stronger, more vivid,more widely differentiated than those of women. In the odor of young men there is something elemental, as of fire, storm, and salt sea. It pulsates with buoyancy and desire. It suggests all t...
One wonders whether the Obama re-election campaign may be on the right track as it seeks to apply the you-break-it-you-own-it rule to Bush and the American economy. Hardly a day goes by without President Obama or his surrogates arguing that it takes ...
President Ronald Reagan used to speak of the Soviet constitution, and he noted that it purported to grant wonderful rights of all sorts to people. But those rights were empty promises, because that system did not have an independent judiciary to upho...
The justice system in the West has a lot of problems,' Poe said, 'but at least there are rules. You have basic rights as the accused. You have your day in court. You don't have any rights when you're accused on the Internet. And the consequences are ...
The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don't, so we buy. Then people start selling, panic se...
Life a game, boy. Life a game that one plays according to the rules." Game, my ass. Some game. If you get on the side where all the hot-shots are, then it's a game, all right-I'll admit that. But if you get on the side, where there aren't any hot-sho...
If Waterboarding is okay, then why don't we let our police do it to criminals so they can find out what they know? Because it's against the law. If we're not going to be a country that stand's for the rule of law, when it's convenient or inconvenient...
The ideas I stand for are not mine. I borrowed them from Socrates. I swiped them from Chesterfield. I stole them from Jesus. And I put them in a book. If you don't like their rules, whose would you use?
My parents really did believe in the Golden Rule. They really did believe that all people should be treated equally. They had friends of every culture, we celebrated different holidays, but really, secretly behind it, they had no problem telling me w...
While in the Florida legislature, I strongly opposed the Stand Your Ground law because I believed it would provide defenses to people who had created the scenarios they sought protection from. Or it would leave juries without the proper rules of enga...
JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously it's a tough economy. We support an oversight committee, we supported some of the compensation, new compensation rules, though we alre...
The last copy of the Chicago Daily News I picked up had three crime stories on its front page. But by comparison to the gaudy days, this is small-time stuff. Chicago is as full of crooks as a saw with teeth, but the era when they ruled the city is go...
My father kept me busy from dawn to dusk when I was a kid. When I wasn't pitching hay, hauling corn or running a tractor, I was heaving a baseball into his mitt behind the barn... If all the parents in the country followed his rule, juvenile delinque...
Muse: It was supposed to be easy. I take ship... ransom... nobody get hurt. Captain Richard Phillips: You had thirty thousand dollars. And a way to Somalia. It wasn't enough? Muse: I got bosses. They got rules. Captain Richard Phillips: We all got bo...
John McClane: Drop it, dickhead. It's the police. Tony: You won't hurt me. John McClane: Oh, yeah? Why not? Tony: Because you're a policeman. There are rules for policemen. John McClane: Yeah. That's what my captain keeps telling me.
Hardenberg: I admit that some of what you say is true, but I'm the wrong person to be blamed for. Yes, I've been playing the game but I didn't make up the rules. Peter: It's not who invented the gun, man. It's who pulls the trigger.
Lord Robert: For God's sake, you are still my Elizabeth. Elizabeth: I am not your Elizabeth. I am no man's Elizabeth. And if you think to rule, you are mistaken. Elizabeth: [to all] Elizabeth: I will have one mistress here... and no master.
