Learning how to live is much more important than learning how to make a living.

You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.

If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.

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

A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.

More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of my friends-a noted West Coast philosopher-maintains that a majority of life's errors are caused by forgetting what one is really trying to do. This is certainly the case when an emotionally supercharged element like taxes enters the picture (I have another friend-a noted East Coast philosopher who says it isn't the lack of representation he minds-it's the taxation).

Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.