Quotes by Clifford Asness

(49) "Market-cap based indexing will never be driven from its deserved perch as core and deserved king of the investment world. It is what we should all own in theory and it has delivered low-cost equity returns to a great mass of investors...the now and forever king-of-the-hill."
(50) "If you would be wealthy, think of Saving as well as Getting.....Remember that time is money....Beware of little Expenses; a small Leak will sink a great Ship..... There are no Gains, without Pains....He that would catch Fish, must venture his Bait...Great Estates may venture more, but little Boasts should keep near the shore....Tis easy to see, hard to forsee....Industry, Perseverance, and Fruglity make Fortune yield."