Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation

You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.

I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.

You do not adequately protect yourself by being half awake when other are sleeping.

You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.

The most important investment you can make is in yourself... nobody can tax it or take it away from you.

Risk comes from not knowing what you're doing.