“You don’t get what you want from investing, you get what you deserve.”

I think people can handle 150 to 200 miles a week. But something has to give somewhere. If he’s a student, how’s he going to study? He may be at the age of chasing and courtship, and that’s an important form of sport and recreation, too.

A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.

A man’s wealth can…also be measured by what he doesn’t have and doesn’t want. When he wants little, he is a rich man.

So it’s a matter of fitting your current practices to fit the event and the individual. See, what’s good for you might not be worth a darn for the next guy.

Once vast numbers of people have come to believe the lie, they adjust their own behavior to bring themselves into sync with it, and thereby change the world itself.

People are upset. They know something is wrong. But they don’t know what. The real explanation is too complicated. They won’t sit still for it. So, they look for scapegoats – the rich…the banks…the Chinese.

The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need — we’re done for.

That is the problem with age and wisdom—it merely shows you how helpless you are. The wiser you become, the more you learn to keep your mouth shut, until eventually the grave silences you forever.

Several of my critics have said, ‘Bowerman just tacks up a piece of paper in the locker room and turns his runners loose.’ They’re partially right. I do give the athletes a relatively free rein and for good reason. One of my principles is? ‘Don’t overcoach.’

Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.

There’s no such thing as bad weather, just soft people.

I still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.

Now it is done by the central bankers and Treasury Secretaries themselves. They don’t apologize for it. They don’t hang their heads and contemplate blowing their brains out. Instead, they’re proud of it… announcing that they ‘saved civilization,’ or some such claptrap.

God determines how fast you’re going to run; I can help only with the mechanics.

Neither limits nor adversity are what ruin men. Under pressure, they handle themselves pretty well. It’s the lack of limits they can’t handle. That’s when they run amok. So, if you really want to see what a man is made of let him think he can get away with something.

Don’t give anything away. Never make it easy for the guys you are trying to beat.

In trading/ investing it’s not about how much you make, but how much you don’t lose

In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility.

There is a close logical connection between the concept of a safety margin and the principle of diversification.

You must never delude yourself into thinking that you’re investing when you’re speculating.

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.

Thousands of people have tried, and the evidence is clear: The more you trade, the less you keep.

The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.

All economic movements, by their very nature, are motivated by crowd psychology.