David F. Swensen Quotes
A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum.
Quotes to Explore
-
CEOs are worried they're going to get fired any minute. They're worried about their portfolios.
-
It's okay to be a fat man. It's prestige and power and all of that. But fat women are seen as just lazy and stupid and having no self-control.
-
The really wonderful thing that happened to me when I was in space was this feeling of belonging to the entire universe.
-
No 27-year-old has the experience to run a company that does a quarter of a billion dollars a year in sales.
-
That's what being a footballer is, really: you train at this time, you finish at that time, then you do that, then you go home, then you're not allowed out, then you do this... there comes a point in your career - about thirty, thirty-one - when you get a bit sick of being screamed at.
-
My earliest recollections are of the teeming East Side where I was born. This Hester Street and its surrounding streets were the most densely populated of any city on Earth; and looking back at it, I realize what I owe to its unique and crowded humanity.
-
Young girls in particular aren't given a space to be messy and complicated and express themselves and experiment - they're told to be a little quieter and a little less than.
-
Before a kid learns how to use a computer that can solve mathematical problems, he or she should know how to do arithmetic without a computer.
-
Purpose is the thread that connects the dots to everything you do that leads you to an extraordinary life.
-
Try as much as you can to mention death. For if you were having hard times in your life, then it would give you more hope and would ease things for you. And if you were having abundant affluence of living in luxury, then it would make it less luxurious.
-
No matter where you are in life right now, know this: God put you on this earth to fulfill the promise He has predestined for your life.
-
I have a healthy respect for those individuals and the businesses that they represent. Their involvement only solidifies my belief that the United Way is a worthy organization to donate my time and efforts to.
-
I think it jumps generations. You get a screwball in one, and then the next one is straight, then you get a screwball. My grandmother was goofy, my mother was straight.
-
Well, you may not know this, but there's things that gnaw at a man worse than dying.
-
Transcendental meditation is something that can be defined as a means to do what one wants to do in a better way, a right way, for maximum results.
-
People don't want to see the guy next door on the stage, they want to see a being from another planet. You want to see somebody you'd never meet in ordinary life.
-
If your child seems to click with another kid in the class, try to set up a time for you to meet at a park after school and get to know their parent. Seeing you be outgoing with the parents of other children will encourage your child to be open and active in their friendships, too!
-
I know firsthand that immigrants make enormous contributions to our nation, but I also know that we need to secure our borders and make sure that those who came here illegally wait their turn, pay a fine and any unpaid taxes, and pass a criminal background check before becoming citizens.
