How I Invest My Money Quotes

“It is widely accepted that anything that reduces short-term volatility must also reduce long-term return.”
― Joshua Brown, How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest

“My investment philosophy changed when I read Charles Ellis’ book Winning the Loser’s Game. The book was given to me by my employer at the time, Michael Goodman, founder of Wealthstream Advisors, Inc. Ellis convinced me that trying to beat the market is a losing proposition. In golf, par is a good score, and avoiding bogeys is more important than making birdies. Very few professional investors beat the market consistently, after accounting for the costs. The most important takeaway from Ellis’ books is that the market return is a good return. The proliferation of low-cost index funds means that the market return is ours for the taking, if only we accept it. I have not purchased an individual stock since reading that book.”
― Joshua Brown, How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest

“The idea that anybody could work really hard for some extra savings, then employ those dollars into different businesses to work around the clock for them was, and still is, endlessly fascinating to me!”
― Joshua Brown, How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest

“I can afford to not be the greatest investor in the world, but I can’t afford to be a bad one.”
― Brian Portnoy, How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest