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Annual income £20, expenditure £19 19s 6d: result happiness.

Income £20, expenditure £20 0s 6d: result misery.

Charles Dickens

Investing Heroes

Benjamin Graham

Era: 1930s–1950s

Father of value investing and mentor to Warren Buffett.

The essence of investment management is the management of risks, not the management of returns.

Warren Buffett

Era: 1965–present

CEO of Berkshire Hathaway, considered the most successful investor of all time.

A low-cost index fund is the most sensible equity investment for the great majority of investors.