Don't risk what is important to you, to get what is not important to you.

There's no use running if you're on the wrong road.

I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

Investing is forgoing consumption now in order to have the ability to consume more at a later date.

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.

This economy doesn't work well without the lubrication of credit and trust.

The important thing is to keep playing, to play against weak opponents and to play for big stakes.