Invention is by its very nature disruptive. If you want to be understood at all times, then don’t do anything new.
Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
It is only by being bold that you get anywhere. If you are a risk-taker, then the art is to protect the downside.
Deciding what not to do is as important as deciding what to do.
Luck is the dividend of sweat. The more you sweat, the luckier you get.
Train people well enough so they can leave, treat them well enough so they don’t want to.
Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
We can’t be in survival mode. We have to be in growth mode.
If you aren't thinking about owning a stock for ten years, don't even think about owning it for ten minutes.
The most important thing is not to let fundraising get you down. Startups live or die on morale. If you let the difficulty of raising money destroy your morale, it will become a self-fulfilling prophecy.
If your sole focus is money, you may create a successful startup. But if it’s impact, you can probably create history.
To win big, you sometimes have to take big risks.
If something is important enough, even if the odds are against you, you should still do it.
I think it is possible for ordinary people to choose to be extraordinary.
Take a simple idea and take it seriously.
Almost all good businesses engage in ‘pain today, gain tomorrow’ activities.
All intelligent investing is value investing – acquiring more than you are paying for. You must value the business in order to value the stock.
The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don’t. It’s just that simple.
A great business at a fair price is superior to a fair business at a great price.