Quotes for All
Socialist countries throughout the world love to lower retirement ages to make people prematurely dependent on the government. But we should move in the opposite direction. In the long run, indexing retirement to life expectancy will yield enormous revenues to the system, far more than a one-shot increase in the age in the current legislative … Read more
The simple index fund solution has been adopted as a cornerstone of investment strategy for many of the nation’s pension plans operated by our giant corporations and state and local governments. Indexing is also the predominant strategy for the largest of them all, the retirement plan for federal government employees, the Federal Thrift Savings Plan … Read more
Market-cap based indexing will never be driven from its deserved perch as core and deserved king of the investment world. It is what we should all own in theory and it has delivered low-cost equity returns to a great mass of investors… the now and forever king-of-the-hill. Cliff Asness
I’m thinking of a presidential bid; currently indexing and cross-referencing everyone I’ve tweeted my junk to. 8x10s available. Christopher Titus
One could imagine a period like Japan13 years ago, however, in which indexing over time wouldn’t work. Charlie Munger
[With] closet indexing….you’re paying a manager a fortune and he has 85% of his assets invested parallel to the indexes. If you have such a system, you’re being played for a sucker. Charlie Munger
Nobody wants to be passive; indexing is not passive – much more goes into indexing than watching a stock become the next buggy whip. Charles R. Schwab
The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules. Charles R. Schwab