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

We try more to profit from always remembering the obvious than from grasping the esoteric.

You don’t have to have perfect wisdom to get very rich – just a bit better than average over a long period of time.

You’re looking for a mispriced gamble. That’s what investing is. And you have to know enough to know whether the gamble is mispriced. That’s value investing.

Show me the incentive and I will show you the outcome.

There’s no way that you can live an adequate life without many mistakes. In fact, one trick in life is to get so you can handle mistakes. Failure to handle psychological denial is a common way for people to go broke.

I’m right, and you’re smart, and sooner or later you’ll see I’m right.

If you get into the mental habit of relating what you’re reading to the basic structure of the underlying ideas being demonstrated, you gradually accumulate some wisdom.

If we’ve been a little more successful than other people, is because we always realised that the school of life was always open, and if you were not learning more you are falling behind.

People always underestimate the ability of earth to increase its carrying capacity.

Move only when you have an advantage. It’s very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.

I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge.

The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.

You’re not going to get very far in life based on what you already know. You’re going to advance in life by what you’re going to learn after you leave here.

The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It’s just that simple.

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.

Do your best but don’t get lost in the process.

Work is one of the best educators of practical character.

No mortal man has ever served at the same time his passions and his best interests.

Whatever is destined not to happen will not happen, try as you may. Whatever is destined to happen will happen, do what you may to prevent it. This is certain. The best course, therefore, is to remain silent.

You can only be your best self. When I initially got on the air, I would look around me and watch people that I thought were really good and try to be like they were.

Have faith in God and in yourself; that will cure all. Hope for the best, expect the best, toil for the best and everything will come right for you in the end.

All men who would surpass the other animals should do their best not to pass through life silently like the beasts whom nature made prone, obedient to their bellies.

Be gracious to all men, but choose the best to be your friends.