Notes

[48]

[49]

[50]

[51]

[52]

[53]

[54]

[55]

[56]

[57]

[58]

[59]

[60]

[61]

[62]

[63]

[64]

[65]

[66]

[67]

[68]

[69]

[70]

[71]

[72]

[73]

[74]

[75]

[76]

[77]

[78]

[79]

[80]

[81]

[82]

[83]

[84]

[85]

[86]

[87]

[88]

[89]

[90]

[91]

[92]

[93]

[94]

[95]

[96]

[97]

[98]

[99]

[100]

[101]

[102]

[103]

[48] Jerzy Kosinski, Being There (New York: Harcourt Brace Jovanovich, 1970), 54–55.

[49] Jeremy J. Siegel, Stocks for the Long Run, 2nd ed. (New York: McGraw-Hill, 1998), 11. Reproduced with permission.

[50] Ibid., 5.

[51] Peter L. Bernstein, "Off the Average, or the Hole in the Doughnut," Economics and Portfolio Strategy (September 1, 1997).

[52] Kosinski, Being There, 66–67.

[53] John C. Bogle, "Investing in the 1990s: Remembrance of Things Past, and Things Yet to Come," Journal of Portfolio Management (Spring 1991): 5–14.

[54] John C. Bogle, "Investing in the 1990s: Occam's Razor Revisited," Journal of Portfolio Management (Fall 1991): 88–91.

[55] John C. Bogle, "The 1990s at the Halfway Mark," Journal of Portfolio Management (Summer 1995): 21–31.

[56] "Look at All Those Beautiful Scantily Clad Girls Out There," Forbes, November 1, 1974.

[57] Peter L. Bernstein and Robert Arnott, "Bull Market? Bear Market? Should You Really Care?" Journal of Portfolio Management (Fall 1997): 26–29.

[58] Kenneth L. Fisher and Meir Statman, "Investment Advice from Mutual Fund ...

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