- “Doing well with money has little to do with how smart you are and a lot to do with how you behave.”
“Controlling your time is the highest dividend money pays.”
“The highest form of wealth is the ability to wake up every morning and say, “I can do whatever I want today”.”
“The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. It is the highest dividend money pays.”
“Spending money to show people how much money you have is the fastest way to have less money.”
“Building wealth has little to do with your income or investment returns, and lots to do with your savings rate.”
“The hardest financial skill is getting the goalpost to stop moving.”
“$81.5 billion of Warren Buffett’s $84.5 billion net worth came after his 65th birthday. Our minds are not built to handle such absurdities.”
“Compounding only works if you can give an asset years and years to grow. It’s like planting oak trees: A year of growth will never show much progress, 10 years can make a meaningful difference, and 50 years can create something absolutely extraordinary.”
“The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. It is the highest dividend money pays.”
“Good investing isn’t necessarily about earning the highest returns, because the highest returns tend to be one-off hits that can’t be repeated. It’s about earning pretty good returns that you can stick with and which can be repeated for the longest period of time. That’s when compounding runs wild.”
“Money’s greatest intrinsic value ―and this can’t be overstated ―is its ability to give you control over your time.”
“If you want to do better as an investor, the single most powerful thing you can do is increase your time horizon.”
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