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There is nothing inherently evil in the process of making money, and the notion is illogical, but that is one of the underlying tenets in our present education system. We are taught from an early age that making money is hard and that those who make lots of money are morally suspect. American culture studies programs at some of the nation’s leading universities have even gone so far as to teach the absurd and illogical notion that the rich became rich because they enjoy privilege earned on the backs of African slaves. Minority millionaires like entrepreneur Herman Cain, Earl Graves, Sr., and Reginald F. Lewis prove the utter nonsense of this notion, yet this is the illogical Progressive philosophy that has permeated our education system.
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The trouble with school is they give you the answer, then they give you the exam. That's not life...
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Smart people think. Brave people talk. Great people act.
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There are two things you should never waste your time on: things that don’t matter and people that think you don’t matter.
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The best way to protect yourself and your family in this time of uncertainty is to create wealth for yourself.
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We have become a nation incapable of living within our means. We seem incapable of accepting the reality that owning a home is not and never was intended to be a right. It is a reward for working hard and saving up enough money to not only purchase a property, but to maintain and improve it.
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Until Americans stop getting distracted by the Republicans v/s Democrats melodrama, America will move forward towards war, empire & eventually collapse.
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Every successful venture is based on an unoriginal idea, beautifully executed.
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I may die young, but at least I'll die smart.... If you can't be seven feet tall, be seven feet smart...Best advice I can ever give you.
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Be a reflection of what you'd like to see in others. You get in return what you give.
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A lot of men have lost money chasing women. But no man has ever lost women chasing money.
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You shouldn't retire until your money starts making more money than you made in your best year.
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Never erase your past. It shapes who you are today and will help you to be the person you'll be tomorrow.
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There's a story behind every person. There's a reason why they're the way they are. Think about that before you judge anyone.
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You can make excuses and you can make money, but you cannot make both.
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People with higher ratios of positive to negative emotions are more likely to flourish in life.
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I remain fundamentally optimistic about Wall Street as a marketplace and as a vehicle for wealth creation. Its future will rightly depend on several variables, chief among them being human choices; whether they be rationally, emotionally, subjectively or objectively made. Financial engineering taught us that if it could be quantified, it could be qualified. We learned about how to use leverage and have abused that knowledge for a myriad of reasons. We became practitioners of the transaction-based model, but forgot that long before the abacus there was trust and integrity, anchors of relationship-based models common with Middle East and Asian markets. It goes back to a handshake, the first and enduring example of mutual consensus.
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Success is not found in what you have achieved but rather in who you have become.
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Did anyone of those bullish investors ever think what would happen to the Treasury market if the Fed ever became a net seller of bonds?
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Central planning inevitably leads to economic chaos and failure. Friedrich Hayek called the delusion that a single person or a group of government planners could possibly possess the knowledge to plan an entire economy a “fatal conceit.” The overwhelming historical evidence is that the more freedom a nation has, the more economic opportunities will exist and the more dynamic that nation’s economy will be. Likewise, the more regulations, controls, taxes, governmentrun industries, protectionism, and other forms of interventionism that exists, the poorer the country will become.
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Frankly speaking, making money isn't hard in itself... What's real hard is to earn it doing something worth devoting one's life to.
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Money is a form of wealth. But wealth is not necessarily money. Wealth encompasses much more than material possessions or cash; it includes resources. My book is all about wealth creation. This has been my theme, my philosophy for years. It’s all about wealth creation.
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No matter the situation, never let your emotions overpower your intelligence.
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The more we ignore Assad and negotiate an appeasement with Iran, the more Sunni and Shia extremists will multiply and flood Syria.