Any Policy Leading To Portfolio Turnover Is Like One Leading To War Or Litigatio

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Any policy leading to portfolio turnover is like one leading to war or
litigation: it's self-destructive, enriches the wrong people, and cancels
out in the end.
-- John Train

Self-righteousness is a leading cause of blindness.
It's like the blonde leading the blonde...
Class: when they're running you out of town, to look like you're leading the parade.
-- Bill Battie...
Smoking is one of the leading causes of statistics. -- Fletcher Knebel

Any Policy Leading To Portfolio Turnover Is Like One Leading To War Or Litigatio

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