Quotes About Wealth

What information consumes is rather obvious: it consumes the attention of its recipients. Hence, a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it. —HERBERT SIMON, recipient of Nobel Memorial Prize in Economics8 and the A.M. Turing Award, the "Nobel Prize of Computer Science

The New Rich (NR) are those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility.

Pienso en los problemas como minas de oro. Los problemas más grandes del mundo son las mayores oportunidades de negocio del mundo».

Dreamlining is so named because it applies timelines to what most would consider dreams. It is much like goal-setting but differs in several fundamental respects: 1. The goals shift from ambiguous wants to defined steps. 2. The goals have to be unrealistic to be effective. 3. It focuses on activities that will fill the vacuum created when work is removed. Living like a millionaire requires doing interesting things and not just owning enviable things.

A man is rich in proportion to the number of things he can afford to let alone." –Henry David Thoreau

People don't want to be millionaires—they want to experience what they believe only millions can buy.

The Barefoot Investor by Scott Pape.

Once you have enough for beans and rice and taking care of your family and a few other things, money is a story. You can tell yourself any story you want about money, and it's better to tell yourself a story about money that you can happily live with.

1,000,000 in the bank isn't the fantasy. The fantasy is the lifestyle of complete freedom it supposedly allows. The question is then, How can one achieve the millionaire lifestyle of complete freedom without first having $1,000,000?

Over the ensuing days, however, I realized that everyone seemed to be discussing how to build large and successful companies, sell out, and live the good life. Fair enough. The question no one really seemed to be asking or answering was, Why do it all in the first place? What is the pot of gold that justifies spending the best years of your life hoping for happiness in the last?

NR: To think big but ensure payday comes every day: cash flow first, big payday second.

Si dejas que el aprendizaje te lleve a la acción, te haces rico».

Poor Charlie's Almanack, by Charles T. Munger.

Is it really necessary to work like a slave to live like a millionaire?

As Tony recounted, Buffett told him, "Investing in yourself is the most important investment you'll ever make in your life…. There's no financial investment that'll ever match it, because if you develop more skill, more ability, more insight, more capacity, that's what's going to really provide economic freedom…. It's those skill sets that really make that happen.

Being financially rich and having the ability to live like a millionaire are fundamentally two very different things.

Cubrir los inconvenientes: «Cada una de estas [personas] está obsesionada con no perder dinero. Pero

Gold is getting old. The New Rich (NR) are those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility.

What Blessings in Excess Have Become a Curse? Where Do You Have Too Much of a Good Thing?

crear un vehículo automatizado de generación de dinero sin que nos lleve tiempo. Eso es todo.

Ben Franklin's famous quote: "Early to bed and early to rise, makes a man healthy, wealthy, and wise.

therefore an investment like that is unbeatable. Buildings that I would buy for $500K within the year were $800K and I put only maybe $100K down, so you made 300% on your money. . . . I quickly developed and traded up my buildings and bought more apartment buildings and office buildings on Main Street down in Santa Monica and so on. . . . I benefited from [a magic decade] and I became a millionaire from my real estate investments.

Think and Grow Rich, Who Moved My Cheese?, Blue Ocean Strategy, Invisible Selling Machine, The Richest Man in Babylon, and Genghis Khan and the Making of the Modern World. TF: That last Genghis Khan book has been recommended to me by several billionaires.

Die Menschen träumen also eigentlich nicht davon, eine Million Euro auf dem Konto zu haben. Sie träumen vielmehr von einem völlig freien Leben, das dieses Geld ihnen ermöglichen soll. Die Frage ist also: Wie kann man frei und unabhängig sein, ohne eine Million zu haben?