If you put all your chips on 'red 39,' of course you're going to win from time to time, ... Obviously you get periods when active managers look like they're adding value, when they're really just in a different part of the market.
More Quotes from Frank Armstrong:
This is disappointing news for patients and for us at Bayer. We had hoped that this agent would be a significant advance in the treatment of these diseases.Frank Armstrong
These savages. These people. Think about it. To be on the floor and get your ... throat slit. They killed my brother in cold blood. That's the hard part. Someone grabs you by your hair and slits your throat on live TV.
Frank Armstrong
Here's a young guy and his wife, together making 110,000 but they're only putting 4 percent of their income into a 403(b),
Frank Armstrong
If you're 22 and just out of school, you can afford to make a risk because you'll have a lot of time to make it up before you retire. For somebody mid-career, you can take a chance, but if you do that, you have to protect your investment capital -- your IRA and your other savings.
Frank Armstrong
The difference compounded over a long period of time is a lot of money.
Frank Armstrong
He's not getting the kind of diversification he thinks because they're all in large company growth, ... If he held small company funds or value funds or foreign, he'd have wider diversification, and far lower risk.
Frank Armstrong
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Of course no one thought of anything except of attacking the enemy. It lies in the instinct of every German to rush at the enemy wherever he meets him, particularly if he meets hostile cavalry.
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I took it upon myself to paint a better picture of rural life and what it is all about.
Bubba Sparxxx