Quotes About Opportunity

I could improve your ultimate financial welfare by giving you a ticket with only 20 slots in it so that you had 20 punches—representing all the investments that you got to make in a lifetime. And once you'd punched through the card, you couldn't make any more investments at all. Under those rules, you'd really think carefully about what you did and you'd be forced to load up on what you'd really thought about. So you'd do so much better.

Instead, he takes those coupons from his low-return bond and—if inclined to reinvest—looks for the highest return with safety currently available.  Good money is not thrown after bad.

The difference between successful people and very successful people is that very successful people say no to almost everything.

Don't work for money, make money work for you.

especially favourable future prospects were regarded by shrewd investors as something to look for but not to pay for

Cash combined with courage in a time of crisis is priceless." -Warren Buffett

Warren Buffett

Our basic principle is that if you want to shoot rare, fast-moving elephants, you should always carry a loaded gun. p217

One of the lessons your management has learned—and, unfortunately, sometimes re-learned—is the importance of being in businesses where tailwinds prevail rather than headwinds.

you should imagine market quotations as coming from a remarkably accommodating fellow named Mr. Market who is your partner in a private business. Without fail, Mr. Market appears daily and names a price at which he will either buy your interest or sell you his... Mr. Market has another endearing characteristic: He doesn't mind being ignored. p 209

Some Thoughts About Investing

Anyone can read what I read, this is a fair playing field

My wealth has come from a combination of living in America, some lucky genes, and compound interest.

The difference between successful people and really successful people is that really successful people say no to almost everything

Be greedy when others are fearful, and fearful when others are greedy

You must remember that the common criminal will always join the armed forces for, if nothing else, regular meals and expert training in the use of guns.

You know what they say; if you're tired of London, you're tired of life.

Fuck America and get rich like astronauts.

I am a men's liberationist (or masculist) when men's liberation is defined as equal opportunity and equal responsibility for both sexes. I am a feminist when feminism favors equal opportunities and responsibilities for both sexes. I oppose both movements when either says our sex is THE oppressed sex, therefore, we deserve rights. That's not gender liberation but gender entitlement. Ultimately, I am in favor of neither a women's movement nor a men's movement but a gender transition movement.

In one generation, young men have gone from 61 percent of college degree recipients to a projected 39 percent; young women, from 39 percent to a projected 61 percent.

if you can afford college, there's no need to go.

If you don't do it this year, you'll be one year older when you do.

The thing I got to thinking about,' he said, 'is--what are the conditions that lead to larger portions of society being generous, humble, and selfless? While we have the conditions for economic opportunity here--and that is a blessing--do we have the conditions to learn how to self-regulate our own passions for the good of the whole?

Let us remember that each time people treat us in an ill manner, speak evil of us, or make unreasonable demands of us, they are giving us opportunity to react as Christians.