The most important thing for you to do is to find a few people who are really talented and who you can work with and trust.
The index fund is a most unlikely hero for the typical investor.
Life is a slope.As long as you're going up you're always looking towards the top and you feel happy, but when you reach it, suddenly you can see the road going downhill and death at the end of it all. It's slow going up and quick going down.
"Die Poesie ist die Muttersprache des Menschengeschlechts."
Interview with Infinity Plus (February 2001)