Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.

If you don't own Gold, you know neither history nor economics.

Know what your people are like, and make sure they do their jobs excellently.

We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments.

I'm going to give away a lot more than half my money. I'd be happy to give that to the government if the government put together programs that were like I'm giving away to charity, in which I believe the money is effectively used to help people.

I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.

Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions. Every game has principles that successful players master to achieve winning results. So does life. Principles are ways of successfully dealing with the laws of nature or the laws of life. Those who understand more of them and understand them well know how to interact with the world more effectively than those who know fewer of them or know them less well.