• "People who live far below their means enjoy a freedom that people busy upgrading their lifestyles can't fathom."
  • "If somebody can tell you when to be at work, and what to wear and how to behave, you’re not a free person. You’re not actually rich."
  • “You are rich if money you refuse tastes better than money you accept.”
  • "Don't let money get in the way of wealth."
  • "Yes, but I have something he will never have - enough."
  • “A money manager with an IQ of 160 and thinks it’s 180 will kill you. Going with a money manager with an IQ of 130 who thinks its 125 could serve you well.”
  • “Money won't solve all your problems, but it will solve all your money problems.”
  • "What you do, who you do it with, and how you do it are way more important than how hard you work."
  • "The big money is not in the buying and selling, but in the waiting."
  • "The two biggest investing mistakes are panic buying and panic selling."
  • "Be fearful when others are greedy, and greedy when others are fearful."
  • "You want to be rich and anonymous, not poor and famous."
  • "It’s not how much you have. It’s the difference between what you have and what you spend. If you have more than you spend, you’re rich. If you spend more than you have, you’re not."
  • "The best way to make money is to be paid for your judgment."
  • "Whether you’re excited or nervous when your favorite asset falls in price marks whether you’re investing or merely speculating."
  • "Move to where the luck is."
  • "Opportunities exist where responsibility is abdicated."
  • "You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom."
  • "In an age of infinite leverage, judgment becomes the most important skill."
  • "Technology is doing more with less; prosperity is having more with the same."
  • "To bankrupt a fool, give him information."
  • “Many mickles make a muckle.”
  • “The fact that people in countries with cold weather tend to be harder working, richer, less relaxed, less amicable, less tolerant of idleness, more (over) organized and more harried than those in hotter climates should make us wonder whether wealth is mere indemnification, and motivation is just overcompensation for not having a real life.”
  • “You can tell how poor someone feels by the number of times he references 'money' in his conversation.”
  • “Don’t tell me what you think, tell me what you have in your portfolio.”
  • "Rich people have money. Wealthy people have time."
  • "If you want to be wealthy, spend your time earning, learning, or relaxing. Outsource or ignore everything else."
  • "You're rich when you can live on your investment income, comfortably."
  • "Money buys happiness in the same way drugs bring pleasure: Incredible if done right, dangerous if used to mask a weakness, and disastrous when no amount is enough."
  • "In the short run, the market is a voting machine but in the long run, it is a weighing machine."
  • "Compounding is fueled by endurance, so sitting through market insanity is not a defect; it’s accepting an optimal level of hassle."
  • "The Dow climbs a wall of worry."
  • “The first rule of compounding: Never interrupt it unnecessarily.”
  • “The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right.”
  • “It’s a bigger advantage if the partner of yours is a heavy-drinking manic-depressive: the crazier he is, the more money you’re going to make. As an investor, you love volatility…you love the idea of wild swings, because it means more things are going to get mis-priced.”
  • “Live below your means, and be patient.”
  • “The most important financial skill is getting the goalposts to stop moving.”
  • "Everybody has a long-term perspective until they have short-term losses."
  • "Swim as well as you can against the tides, don't try to predict the tides."
  • “Frugality, quite simply, is about choosing the things you love enough to spend extravagantly on—and then cutting costs mercilessly on the things you don't love.”
  • "Money is more like a vaccine than a performance-enhancing drug. It can prevent a lot of misery, but it won’t necessarily make you happier."
  • "The best measure of wealth is what you have minus what you want."
  • "Net worth goes from $0 to $1 million: Ecstasy. Net worth goes from $10 million to $1 million: Despondency. Can we agree that all wealth is relative?"
  • “Volatility is the price of admission. The prize inside are superior longterm returns. You have to pay the price to get the returns.”
  • "People talk of having riches when often riches have them."
  • "The most valuable personal finance asset is not needing to impress anyone."
  • “There are a whole lot of things I don’t think about - and one of them is companies that are losing $2 or $3 billion a year and going public.”