The poor and the middle class work for money. The rich have money work for them.
If you want a solid future, you need to create it. You can take charge of your future only when you take control of your income source. You need your own business.
Rich people constantly learn and grow. Poor people think they already know.
Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it. I call this the freedom multiplier.
If you want to be successful, find someone who has achieved the results you want and copy what they do and you’ll achieve the same results.
The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more. And you will have the opportunity to earn more.
Sales are contingent upon the attitude of the salesman – not the attitude of the prospect.
We don’t make movies to make money, we make money to make more movies.
Never invest in a business you can’t understand.
If book knowledge made great investors, then the librarians would all be rich.
Buy companies with strong histories of profitability and with a dominant business franchise.
The first rule is not to lose. The second rule is not to forget the first rule.
You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Making money isn’t the backbone of our guiding purpose; making money is the by-product of our guiding purpose. If you’re doing something you love, you’re more likely to put your all into it, and that generally equates to making money.
Either they’re trying to con you or they’re trying to con themselves.
Always invest for the long term.
Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he gets really enthused, you sell to him, and when he gets depressed, you buy from him. There’s no moral taint attached to that.
Investment philosophy is the clear understanding that by owning shares of stocks, one owns businesses, not pieces of paper.
A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
The way to make money in the stock market is to buy a stock. Then, when it goes up, sell it. If it’s not going to go up, don’t buy it!