“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.”

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.

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.

There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn’t awash in cash — and I don’t want to go back.

Why should it be easy to do something that, if done well, two or three times, will make your family rich for life?

The best thing a human being can do is to help another human being know more.

The more hard lessons you can learn vicariously rather than through your own hard experience, the better.

Learning is hard. Unlearning is harder. Pretending that most of us don’t need to do either when it comes to racism is its own form of violence.

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

Everyone you meet knows something you don’t know but need to know. Learn from them.

Love hurts. There is nothing as painful as heartbreak. But in order to learn to love again you must learn to trust again.

Without suffering, you have no way to learn how to be understanding and compassionate.

If we learn to read everything in the light of the Holy Spirit, we realize that everything is grace.

When you chase a dream, you learn about yourself. You learn your capabilities and limitations, and the value of hard work and persistence.

As a child I would just question things.