For all long-term investors, there is only one objective-maximum total real return after taxes.
Humility about how little I know has encouraged me to listen more carefully and more wisely.
Suppose you went to your priest and asked for help; he would refer you to the Bible. But if you went the next day to your medical doctor and he referred you to the book of Hippocrates, which was written at about the same time as the Bible, you would think that was old-fashioned.
Outperforming the majority of investors requires doing what they are not doing. Buying when others have despaired, and selling when they are full of hope, takes fortitude.
I’m really convinced that our descendants a century or two from now will look back at us with the same pity that we have toward the people in the field of science two centuries ago.
The correct description is that we try every day to become more humble when we talk about divinity, we try to realize how little we know and how open minded we should be. It’s self centered to think that human beings, as limited as we are, can describe divinity.
A doctor today would never prescribe the treatments my grandfather used in the Confederate Army, but a minister says pretty much the same thing today that a minister would have said back then.
Self-improvement comes mainly from trying to help others.
What happens to us in life is less important; the real question can be whether or not we use the experience to grow.
A successful life depends less on how long you live than on how much you can pack into the time you have.
If we have not developed a reservoir of spiritual wealth, no amount of money is likely to make us happy. Spiritual wealth provides faith. It gives us love. It brings and expands wisdom. Spiritual wealth leads to happiness because it guides us into useful or loving relationships.
As we begin to praise ourselves and our world, we begin to blossom in ways that are beautiful to behold.
Help yourself by helping others.
Living life with a smile is like throwing yeast into a bowl of flour, adding warm water and waiting for the flour to rise. It multiplies may times over.
Usually God favours the people who try to do good. So, when you find that the crowd is desperately trying to sell, help them and buy. When you find that the crowd is overenthusiastically trying to buy, help them and sell. It usually works out.
I thought, I’m only going to be on this planet once, and only for a short time. What can I do with my life that will lead to permanent benefits?
Politicians who are willing to spend too much are the ones who get reelected.
Success consists of a series of little daily victories.
The four most expensive words in the English language are “this time it’s different.
The best time to invest is when you have money.
The four most dangerous words in investing are: ’this time it’s different.