Wealth Management Quotes

"My philosophy is that if I have any money I invest it in new ventures and not have it sitting around." "It's OK to have your eggs in one basket as long as you control what happens to that basket." "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1" "The stock market is designed to transfer money from the Active to the Patient" "Diversification is protection against ignorance. It makes little sense if you know what you are doing" "The supreme commandment of the rich is 'Invest! The supreme commandment of the rest of us is 'Buy!" "Investment success doesn’t come from buying good things, but rather from buying things well" "People who live far below their means enjoy a freedom that people busy upgrading their lifestyles can’t fathom" "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" "The primary difference between the rich and the poor is how they handle fear" "Diversification is the only free lunch." "Your job number one is to find the best investments out there and stick with them." "Buy best of breed companies." "If you have to speculate to make money, then you ought to just let someone else do it for you who is more competent." "Investors should always keep at least half of their portfolio in cash." "Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio" "Distinguish between assets and liabilities."