Part of the problem for investors is that they expect investing to be exciting—largely thanks to the bubblevision. However, as Paul Samuelson once opined, “Investing should be dull. It shouldn’t be exciting. Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas, although it is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office. ”
