The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.

Emotional makeup is more important than technical skill

If the reason for doing something is that everyone else is doing it, it's not a good enough reason.

Accounting is the language of business.

The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the "know-nothings" - must win.

Your premium brand had better be delivering something special, or it's not going to get the business.