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Charlie Munger
- “You’re looking for a mispriced gamble,” says Munger. “That’s what investing is. And you have to know enough to know whether the gamble is mispriced. That’s value investing.”
- “When asked about his success, Munger says, “I succeeded because I have a long attention span.”
- “A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.”
- “All intelligent investing is value investing, acquiring more than you are paying for. You must value the business in order to value the stock.”
Jim Rohn
- “Don’t join an easy crowd; you won’t grow. Go where the expectations and the demands to perform are high.”
- “If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse.”
- “We all know a variety of ways to make a living. What’s even more fascinating is figuring out ways to make a fortune.”
Mark Cuban
- “If you don’t fully understand the risks of an investment you are contemplating, it’s okay to do nothing.”
- “Never Invest to get out of Trouble”
- “Don’t start a company unless it’s an obsession and something you love. If you have an exit strategy, it’s not an obsession.”
John D. Rockefeller
- “The way to make money is to buy when blood is running in the streets.”
- “I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts.”
- “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.”
- “Save when you can and not when you have to.”
Kevin O’ Leary
- “Money is my military, each dollar a soldier. I never send my money into battle unprepared and undefended.”
- “Here’s how I think of my money – as soldiers – I send them out to war everyday. I want them to take prisoners and come home, so there’s more of them.”
- “Money has no grey areas. You either make it or you lose it.”
Babara Corcoran
- “Buyers decide in the first eight seconds of seeing a home if they’re interested in buying it.”
- “The difference between successful people and others is how long they spend time feeling sorry for themselves.”
- “Finding an opportunity is a matter of believing it’s there.”
Elon Musk
- “You have to be pretty driven to make yourself happen, otherwise you will make yourself miserable”
- “You must be willing to lose it all but be willing to keep going into the future”
- “Failure is a good option, if you are not failing, you are not trying hard enough”
