If you must invest in paper, learn to be an options trader. Then you will know how to make money whether the markets are going up or down.

The way to make money is to buy when blood is running in the streets.

Derivatives are financial weapons of mass destruction.

Warren Buffett is famous for talking about the ‚intrinsic value‘ of stocks. But while many people parrot this phrase, few know what it really means.

What I invest in, while not risky for me, may be too risky for most people.

Our favorite holding period is forever.

When I first starting making money, when I first made my first six-digits, I was – my big thing was I went to put super unleaded in my truck for the first time.

Wide diversification is only required when investors do not understand what they are doing.

Money and investing can be complex, confusing, and often boring subjects.

Learn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

The rich don’t work for money – the rich invent money.

One pillar to wealth is having residual income.

The rich continue to get rich the same way they always have – by understanding how money works and making their money work for them.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

In the world of money and investing, you must learn to control your emotions.

Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.

You do not have to be a rocket scientist to know that it is hard for a market to keep going up when more and more people are getting out.

Many U.S. investors are already investing overseas rather than at home.

In ‚Unfair Advantage: The Power of Financial Education‘ and ‚Why A Students Work for C Students,‘ I reveal the secrets of the wealthy and what schools will never teach you about money.

Don’t hold against me that I don’t own – that I don’t own a single stock or bond. Don’t hold it – I have no savings accounts.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

I’m a real estate guy.

Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.

Any time an investment company has to spend heavily on advertising, it’s probably a bad business in which to invest.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

The problem with EMMA is that it is cost prohibitive for the small investors who were supposed to benefit from the new transparency.

There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you’re never going to win big in a mutual fund.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.

I have a problem with too much money. I can’t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

I just think people should invest in the world. Don’t invest in fashion, but invest in the world.

Jim Cramer is a very smart man. I watch his show. I just do not follow his advice.

The rise in the price of gold is a sign that capitalism has stumbled.

I think any statement about stock prices is always suspect unless it’s made by Warren Buffett.

Some people, through luck and skill, end up with a lot of assets. If you’re good at kicking a ball, writing software, investing in stocks, it pays extremely well.

Buy land. They ain’t making any more of the stuff.

Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.

Giving should be entered into in just the same way as investing. Giving is investing.

I don’t invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.

The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of dollars in an attempt to prevent a global depression.

You’ve got to invest in the world, you’ve got to read, you’ve got to go to art galleries, you’ve got to find out the names of plants. You’ve got to start to love the world and know about the whole genius of the human race. We’re amazing people.

The highest use of capital is not to make more money, but to make money do more for the betterment of life.

One of the reasons so many people get burned in the market is because they start buying as they see prices going up.

Investing for the poor requires participation from the entire community.

Why not invest your assets in the companies you really like? As Mae West said, ‚Too much of a good thing can be wonderful‘.

During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That’s because they were at the bottom of the investing food chain.