Active management strategies are unlikely to produce superior results after fees.

有时最简单的问题会引出最深奥的理论。

人比东西更需要修复、人们需要重头再来、恢复生机、改头换面并得到救赎；所以永远不要抛弃任何人。

Great music survives not because of institutions that preserve it, but because each generation discovers it anew.

唯一真正的错误是我们从中一无所获的错误。