There is nothing else that so kills the ambitions of a person as criticisms from superiors. I never criticize anyone. I believe in giving a person incentive to work. So I am anxious to praise but loath to find fault. . . . I have yet to find a person, however great or exalted his station, who did not do better work and put forth greater effort under a spirit of approval than he would ever do under a spirit of criticism.

People succeed at just about anything they're genuinely enthusiastic about.

Nobody wants to be passive; indexing is not passive - much more goes into indexing than watching a stock become the next buggy whip.

I couldn't read. I just scraped by. My solution back then was to read classic comic books because I could figure them out from the context of the pictures. Now I listen to books on tape.

The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life.

Don't limit investing to the financial world. Invest something of yourself, and you will be richly rewarded.

I was once ask if a big business man ever reached his objective. I replied that if a man ever reached his objective he was not a big business man.