I did not succeed in life by intelligence. I succeeded because I have a long attention span.

If all you succeed in doing in life is getting rich by buying little pieces of paper, it's a failed life. Life is more than being shrewd in wealth accumulation.

Don't confuse correlation and causation. Almost all great records eventually dwindle.

...all man's desired geometric progressions, if a high rate of growth is chosen, at last come to grief on a finite earth. And the social system for man on earth is fair enough, eventually, that almost all massive cheating ends in disgrace.

Remember that reputation and integrity are your most valuable assets - and can be lost in a heartbeat.

To me, it's obvious that the winner has to bet very selectively. It's been obvious to me since very early in life. I don't know why it's not obvious to very many other people.

Invert, always invert.