Intelligent people should learn from their experiences. With people on the street, the bad experience has beaten them.
Warren Buffett is famous for talking about the 'intrinsic value' of stocks. But while many people parrot this phrase, few know what it really means.
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
If my businesses or my investments are not profitable, then I don't eat. And I like to eat.
An active investor is someone who actually lives off their investments as opposed to wages from a job.
Learn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?
Many U.S. investors are already investing overseas rather than at home.
Jim Cramer is a very smart man. I watch his show. I just do not follow his advice.
I believe that one key to success is to accept truth, no matter how it's spoken.
I don't like being told what to do and kissing you-know-what to get up the corporate ladder.
When people are lame, they love to blame.
Many people aren't rich because they're liars.
Losers are people who are afraid of losing.
There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund.
The Web and new technology offer more opportunities to reach a world market at a lower price. Today, a person can start a business at home and reach the world market.
At my lowest point, I was nearly $700,000 in debt.
If medical doctors can be sued for malpractice, shouldn't financial professionals practice under the same safeguard?
If I lost my job, I'd get a job at McDonald's.
You have to look for teachers. If you want to be a mechanic, go hang out with mechanics.
When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.
