“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.”

Any year that you don’t destroy one of your best-loved ideas is probably a wasted year.

A great business at a fair price is superior to a fair business at a great price.

It’s a good habit to trumpet your failures and be quiet about your successes.

Bull markets go to people’s heads. If you’re a duck on a pond, and it’s rising due to a downpour, you start going up in the world. But you think it’s you, not the pond.

Hard work, honesty, if you keep at it, will get you almost anything.

It’s not greed that drives the world, but envy.

It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and easily learned principles.

Step by step you get ahead, but rarely in fast spurts.

Someone will always be getting richer faster than you. This is not a tragedy.

Whenever you think something or some person is ruining your life, it’s you. A victimization mentality is so debilitating.

If you want to understand science, you have to understand math. In business, if you’re enumerate, you’re going to be a klutz. The good thing about business is that you don’t have to know any higher math.

It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.

The way to win is to work, work, work, work and hope to have a few insights And you’re probably not going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up. It’s just that simple.

It’s been my experience in life if you just keep thinking and reading, you don’t have to work.

Most people are too fretful, they worry to much. Success means being very patient, but aggressive when it’s time.

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

I like to hit the gym early in the morning. I feel better throughout the day when I get in a workout first thing in the morning.

No one wants to get up at 4 and run when it’s pitch-dark, but it has to be done. The only reason i do it so early is because i believe the other guy isn’t doing it and that gives me a little edge.

My earliest memories are being pinned to a fence with a switchblade.

If you go to bed at 10:00 and get up by 6:00 A.M., things will work out for you.

We don’t choose our earliest habits, we imitate them.

At an early age, my mother gave me this feeling that anything is possible, and I believe that.

A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.

We learned early on that if we help enough people, the money will come.