Quotes About Knowledge

Financial literacy is the ability to read and understand financial statements which allows you to identify the strengths and weaknesses of any business.

It is what you know that is your greatest wealth. It is what you do not know that is your greatest risk.

academic success does not necessarily equate to financial success.

My rich dad was different. He made more and more money but paid less in taxes. He also had bankers and accountants, but he wasn't getting the same advice my highly educated dad was getting.

Chapter Six - LESSON 6: WORK TO LEARN— DON'T WORK FOR MONEY Job security meant everything to my educated dad. Learning meant everything to my rich dad.

Buffett himself says, Diversification is protection against ignorance. (It) makes very little sense for those who know what they're doing.

You become what you study." In other words, be careful what you learn, because your mind is so powerful that you become what you put in your head.

Smart investors understand taxes before investing.

No, not really," said rich dad. "If you want to learn to work for money, then stay in school. That is a great place to learn to do that. But if you want to learn how to have money work for you, then I will teach you that. But only if you want to learn.

There is some degree of truth to the saying

Rich dad encouraged Mike and me to know a little about a lot. He encouraged us to work with people smarter than we were and to bring smart people together to work as a team. Today it would be called a synergy of professional specialities.

You want to know a little about a lot" was rich dad's suggestion.

The difference between a gambler and an investor is simple. For a gambler, investing is a game of chance. For an investor, investing is a game of skill.

The more we knew about the power of money, the more distant we grew from the teachers and our classmates.

Without this financial knowledge, which I call financial intelligence or financial IQ, my road to financial independence would have been much more difficult.

Invertir no significa comprar, tiene que ver en realidad con tener conocimiento.

One lesson from rich dad that has become crystal clear over the past 20 years is the importance of choosing teachers who have actually DONE what you want to do.

It does not take money to make money. It takes words. The difference between a rich person and a poor person is the person's vocabulary.

They are one skill away from great wealth.

Inside every disappointment lies a priceless gem of wisdom.

You want to know a little about a lot" was

Investing involves risk (something that's inevitable and can only be controlled not extinguished). Being financially uneducated is risky.

He knew the law because he was a law-abiding citizen and because it was expensive to not know the law.

He wanted us to know a little about every aspect of his empire.