Posted inWealth

Quotes about Verified principles

An important distinction is that rich people acquire assets. The poor and middle class acquire liabilities that they think are assets - Robert T Kiyosaki
The core message is that wealth isn't defined by what you earn, but by the financial nature of what you own. The rich focus on things that put money *in* their pocket, while others accumulate things that take money *out*, often without realizing it.
Posted inWealth

Verified Quote

The essence of investment management is the management of risks, not the management of returns - Benjamin Graham
Stop chasing returns. Start controlling your downside. That's the entire philosophy in one sentence. The goal isn't to hit home runs; it's to avoid striking out so you stay in the game long enough to win.