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It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.

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A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

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I had a great teacher in life, my father. But I had another great teacher in terms of profession in terms of Ben Graham. I was lucky enough to get the right foundation very early on. And then basically I didn’t listen to anybody else. I just look in the mirror every morning and the mirror always agrees with me. And I go out and do what I believe I should be doing. And I’m not influenced by what other people think.」

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Imagine that you had a car and that was the only car you’d have for your entire lifetime. Of course, you’d care for it well, changing the oil more frequently than necessary, driving carefully, etc. Now, consider that you only have one mind and one body. Prepare them for life, care for them. You can enhance your mind over time. A person’s main asset is themselves, so preserve and enhance yourself.

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One can best prepare themselves for the economic future by investing in your own education. If you study hard and learn at a young age, you will be in the best circumstances to secure your future.

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Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.

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Chains of habit are too light to be felt until they are too heavy to be broken.

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Investors should remember that excitement and expenses are their enemies.

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Tell me who your heroes are and I’ll tell you who you’ll turn out to be.

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It is not necessary to do extraordinary things to get extraordinary results.

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