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— William J. Bernstein"If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one."
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I decided to be a filmmaker between my sophomore and junior years at Morehouse. Before I left for the summer of 1977, my advisor told me I really had to declare a major when I came back, because I'd used all my electives in my first two years. I went back to New York and I couldn't find a job. There were none to be had. And that previous Christmas someone gave me a Super-8 camera, so I just started to shoot stuff.
— Spike Lee
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Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.
— Warren Buffett
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