"If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes."
"The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to significant changes in the financial mechanisms and climate."
"There’s a virtuous cycle when people have to defend challenges to their ideas. Any gaps in thinking or analysis become clear pretty quickly when smart people ask good, logical questions."
"Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this."
"In all realms of life it takes courage to stretch your limits, express your power, and fulfill your potential… It’s no different in the financial realm."
"The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don’t have much personal use for money."
THEšINVESTORS™