The other boys at Yale came from wealthy families, and none of them were investing outside the United States, and I thought, 'That is very egotistical. Why be so shortsighted or near-sighted as to focus only on America? Shouldn't you be more open-minded?'

A grower of chrysanthemums awaited a visit from the emperor, who was coming to enjoy his blossoms, of which there were hundreds in bloom. The grower selected one magnificent specimen, then cut down all the others, leaving this one perfect flower. The emperor arrived and sat for several hours quietly gazing at this beautiful flower, letting its beauty have its way with him. Can you imagine being so caught up in appreciation of one flower that everything else fades into the background?

If you want to have a better performance than the crowd, you must do things differently from the crowd.

Do your homework or hire wise experts to help you. Never jump into a business you have no idea about.

The four most expensive words in the English language are, 'This time it's different.'

The government of India regulates nearly everything, so there's very little progress; whereas in Hong Kong the government keeps its hands off... and the standard of living has multiplied.

What are we going to get out of life? This can understandably be a question of fundamental importance to us. We begin with certain basic needs and desires. It is important to have a comfortable home, plenty of food, a meaningful and well-paying job, comfort, companionship, and joy. However, many of us have not fully realized a simple, basic principle: for our receiving to take place, we must first give. Giving and receiving are two aspects of the same law of life.