“We make too much out of past performance, and it's very misleading to ...” — John C. Bogle Quote

“We make too much out of past performance, and it's very misleading to investors. It causes them to move money around. They buy a fund that's hot and then it turns cold as all hot funds eventually do. And then they get out. Well, buying at the high and selling at the low isn't going to leave you a satisfied shareholder, right?”

“In investing, you get what you don't pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. And they won't be foolish enough to think that they can consistently outsmart the market.”

“A fiduciary standard means, basically, put the interests of the client first. No excuses. Period.”

“I do think that impact investing is not that effective. Shares go from investor A to investor B, and the company doesn't even know it. It's inevitably an ineffective way to communicate to the company your feelings.”

“We do some things for family reasons. If it's not consistent, well, life isn't always consistent.”

“Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.”

“I was at the grocery store just buying lemons, and a person turns to me and says, 'Hey, you're the kid in the horror movie, right? Can I get a picture?' It was really random.”

“Don't buy anything online that you'd laugh at buying in real life.”

“If we didn't have the Chinese buying things, we'd be on the floor.”

“I certainly could've made a lot more money buying cheap ingredients, and people might not have been able to tell the difference. That was never a part of the calculus. It was not part of my DNA.”

“I love shopping! I look for new shopping portals. I keep buying a lot of stuff online. I don't follow any one person per se, but if I feel that the particular wear will look good on me, I pick it up without thinking.”