A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.
No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That’s what drives the academics crazy. They can compute standard deviations and betas, but they can’t understand moats.
We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
Focus on return on equity, not earnings per share.
Investment must be rational; if you can’t understand it, don’t do it.
It’s much easier to stay out of trouble now than to get out of trouble later.
We don’t read other people’s opinions. We want to get the facts, and then think.
Don’t ever let someone tell you that you can’t do something. You got a dream, you gotta protect it. When people can’t do something themselves, they are going to tell you that you can’t do it. You want something, go get it. Period.
You are free to choose, but the choices you make today will determine what you have, be, and do in the tomorrow of your life.
For every sale you miss because you’re too enthusiastic, you will miss a hundred because you’re not enthusiastic enough.
Make the work you are doing today better than the work you did yesterday.
Success isn’t overnight. It’s when every day you get a little better than the day before. It all adds up.
The first step to achieving your goal, is to take a moment to respect your goal. Know what it means to you to achieve it.
If you have made a mistake cut your losses as quickly as possible.
Affiliate marketing has made businesses millions and ordinary people millionaires.
Success is the result of a clear goal, unshakable confidence, proper planning, enthusiastic ACTION and consistent persistence.
It doesn’t matter how many times you fail. You only have to be right once and then everyone can tell you that you are an overnight success.
Work like there is someone working twenty-four hours a day to take it all away from you.
There is no sport as competitive as business. It’s 24 by 7 by 365 by forever.
Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.