no-talkingBrevity is power.  If you truly understand something well, you can explain it in simple terms.  Ten individuals share their investing philosophies in 10 words or less:

  1. Barry Ritholtz, Bloomberg: “Keep it simple, do less, and manage your stupidity.” 
  2. Ben Carlson, author of A Wealth of Common Sense: “Less is more. Process over outcomes. Behavior is the key.”
  3. Harold Pollack, University of Chicago: “Save 15-20%. Low-fee Indexes. Pay off plastic. Maximize 401(k).”
  4. Robert Brokamp, Motley Fool: “Diversification reduces risk, increases predictability, and boosts returns.” 
  5. Michael Batnick, Ritholtz Wealth Management: “Avoiding catastrophic mistakes matters more than constructing the ‘perfect portfolio.'”
  6. Cullen Roche, Pragmatic Capitalism: “Low-fee, tax-efficient, index-based global-macro asset allocation.”
  7. Eddy Elfenbein, blogger, Crossing Wall Street: “Be patient and ignore fads. Focus on value. Never panic.”
  8. Seth Jayson, Motley Fool: “Be safe, keep your costs low, and don’t overthink.”
  9. Josh Brown, CNBC, The Reformed Broker: “Roses are red, violets are blue. I don’t know what will happen and neither do you.”
  10. Morgan Housel: “Worry only when you think you have it figured out.”


Source: MF