One of the best skills of an entrepreneur is the ability to question. By asking new questions, new answers are found.

The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.

The primary reason I'm in real estate, oil, gold, and silver is because the U.S. dollar has become the peso the world. It's becoming more and more worthless as the U.S. is the world's biggest debtor nation.

I don't like medicine. There's an old Irish proverb that goes, "If I knew where I was going to die, I wouldn't go there." I suspect that I'm going to die in a hospital, so every time I go past one, I drive really quickly to get away from those things. So I spend a lot of money on health: gyms, I go to naturopaths, acupuncturists; anybody else who's almost the alternative to medicine. I think by the time you need medicine, it's too late. That's my belief.

Rule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.

What you think is real is your reality.

Education is more valuable than money, in the long run.