Posted inWealth Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it.
Posted inWealth If you can free your time and location, your money is automatically worth 3 to 10 times as much
Posted inWealth An important distinction is that rich people acquire assets. The poor and middle class acquire liabilities that they think are assets
Posted inWealth The rich focus on their asset columns while everyone else focuses on their income statements
Posted inWealth There is intelligent speculation as there is intelligent investing. But there are few who speculate intelligently
Posted inWealth The habit of regularly saving and investing is more important than brilliance or luck
Posted inWealth The intelligent investor realizes that stocks become more risky, not less, as their prices rise
Posted inWealth It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for
Posted inWealth The investor’s chief aim should be to attain satisfactory results consistent with his resources and risk tolerance
Posted inWealth In the short run, the market is a voting machine, but in the long run, it is a weighing machine
Posted inWealth The intelligent investor is a realist who sells to optimists and buys from pessimists
Posted inWealth The essence of investment management is the management of risks, not the management of returns