“A lot of our respected financial institutions are just casinos in drag.”

Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.

In my whole life, I have known no wise people who didn’t read all the time – none … ZERO.

The average result has to be the average result. By definition, everybody can’t beat the market. As I always say, the iron rule of life is that only 20% of the people can be in the top fifth. That’s just the way it is.

To me, it’s obvious that the winner has to bet very selectively. It’s been obvious to me since very early in life. I don’t know why it’s not obvious to very many other people.

Never, ever, think about something else when you should be thinking about the power of incentives.

Common stock investors can make money by predicting the outcomes of practice evolution. You can’t derive this by fundamental analysis – you must think biologically.

When you locate a bargain, you must ask, ‘Why me, God? Why am I the only one who could find this bargain?’

All I want to know is where I’m going to die, so I’ll never go there.

Go to bed smarter than when you woke up.

Investing is where you find a few great companies and then sit on your ass.

Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.

Your life must focus on the maximization of objectivity.

I like people admitting they were complete stupid horses’ asses. I know I’ll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.

The safest way to get what you want is to deserve what you want.

Our experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime.

To the man with only a hammer, every problem looks like a nail.

The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.

No matter how exceptional your product, you won’t benefit financially if you can’t sell it.

A good financial planner is going to do more than pick your funds.

Broke people giving financial advice is like a shop teacher with missing fingers.

Contentment may be the most powerful Financial Principle. You can give more, avoid debt, and live better.

Good things that cannot be calculated or quantified are set in motion in your life and in your finances when you give.

Our experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime.

Remember, there’s ultimately only one way to financial peace, and that’s to walk daily with the Prince of Peace, Christ Jesus.