There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.

The more hard lessons you can learn vicariously rather than through your own hard experience, the better.

Knowing what you don't know is more useful than being brilliant.

To the man with only a hammer, every problem looks like a nail.

Great investing requires a lot of delayed gratification.

The big money is not in the buying and selling but in the waiting.

Meditation more than anything in my life was the biggest ingredient of whatever success I've had.

I think meditation has been the single biggest reason for whatever success Ive had

He who lives by the crystal ball will eat shattered glass.

I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.

There is nothing to fear from truth....Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.

Watch out for people who think it's embarrassing not to know.

Pull in your belt, spend less, and reduce debt.

What matters most is that the people you work with share your values.

Some people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams.

In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.

People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.

I've learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I could figure out what that was, I could learn how to be more effective.

It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.