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?'

Living life with a smile is like throwing yeast into a bowl of flour, adding warm water and waiting for the flour to rise. It multiplies may times over.

Politicians who are willing to spend too much are the ones who get reelected.

Outperforming the majority of investors requires doing what they are not doing. Buying when others have despaired, and selling when they are full of hope, takes fortitude.

Most people think of love as some sort of power outside of themselves that will "take them away from all of this." Sadly, this is not the case. Love exists only within our own hearts, and to have happy relationships we must first become truly loving people. And as we fill our hearts with love by expressing love for others in thought, word, and deed ("acting as if" until we make it happen if necessary), that love can heal our own lives, help to solve our problems, and enable us to feel good about ourselves.

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

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.