Quotes About Strategy

If the price of a stock drops more than 10 percent, I will, more often than not, cut my losses and look for something new.

Once you have decided to concentrate on minding your own business—focusing your efforts on acquiring assets instead of a bigger paycheck—

My rich dad's advice made much more sense. Soon the cash flow from my properties was so strong that my company bought me my first Porsche. My fellow Xerox salespeople thought I was spending my commissions. I wasn't. I was investing my commissions in assets.

He just played the game smarter, and he did it through corporations—the biggest secret of the rich.

So why should investing be any different?

Our overall philosophy is to plant seeds inside my asset column. That is my formula. We start small and plant seeds. Some grow; some don't.

a person is to be successful in the B or I quadrant, he or she needs to be aware of market forces and any changes in the law that affect those market forces.

If you take on risk and debt, make sure you get paid for it.

with money comes great power that requires the right knowledge to keep it and make it multiply.

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.

If you take on debt personally, make sure it's small. If you take on large debt, make sure someone else is paying for it.

Buying or building assets that deliver cash flow is putting your money to work for you.

Why should I bother developing my financial IQ?

the American public struggles financially is because they play not to lose. They don't play to win.

Put a lot of your eggs in a few baskets and focus. Follow One Course Until Successful.

Una persona inteligente contrata a gente más inteligente que ella.

The poor and the middle class work for money. The rich have money work for them. On

I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing, and law.

Want to grow rich? Concentrate your efforts on buying income-producing assets—when you truly understand what an asset is. Keep liabilities and expenses low. You'll deepen your asset column.

Financial intelligence is simply having more options, figuring out ways to create opportunities or altering situations to work in your favor.

It can be done legally, but it is not usually done by the average investor.

Ask the seller to throw in a boat or pay your down payment for you. It becomes fun, once you learn the game.

once you've found the formula to getting rich, it gets easier to get rich.

Real estate is great for the creative investor who is a good negotiator.