Quotes About Strategy

Use them in your favor, not against you.

It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.

The reason I minimize my income is because I don't want to pay it to the government. That is why my income comes from my asset column, through a Nevada corporation. If I work for money, the government takes it.

So we become rich by becoming partners with the government?

I will move my money in for a week to a month while the stock moves up. Then I pull my initial dollar amount out, and stop worrying about the fluctuations of the market, because my initial money is back and ready to work on another asset. So my money goes in, and then it comes out, and I own an asset that was technically free.

portafolio de inversiones

Rule #1: You must know the difference between an asset and a liability, and buy assets.

How fast do I get my money back?

Simple math and common sense are all you need to do well financially. There

The first one is Good to Great by Jim Collins.

When I ask the classes I teach, How many of you can cook a better hamburger than McDonald's? almost all the students raise their hands. I then ask, So if most of you cook a better hamburger, how come McDonald's makes more money than you? The answer is obvious: McDonald's is excellent at business systems. The reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems.

it is not the investment that is risky. It is the investor who doesn't have the adequate skills that makes the investment a higher risk.

Take your time. There is more than one good deal.

My rich dad just played the game smart, and he did it through corporations—the biggest secret of the rich.

Smart investors don't time the markets. If they miss a wave, they search for the next one and get themselves in position.

It's all a matter of leverage.

After retiring, our plan was to spend time investing and building businesses.

Financially intelligent people think in terms of risk and reward.

financially intelligent people weigh the risks and they weigh the rewards.

If the rewards are great enough, they will come up with a strategy or a plan that will increase their chances of success, regardless of how many times they will lose before they will win.

Winners know that losing should be a part of any plan.

But it is not a winning portfolio. It is a portfolio of someone playing not to lose.

use the power of your brain to make you rich.

They know how to become very rich winning just 2 percent of the time and losing 98 percent of the time.