“Modern Portfolio Theory (‘MPT’), the investments model that led to a Nobel Prize, should come with a warning label: Use with caution. It’s only as good as your assumptions.”

“Planning is bringing the future into the present so you can do something about it now.”

“Whoever loves money never has enough; whoever loves wealth is never satisfied with their income.”

“I’d be a bum on the street with a tin cup if the markets were always efficient.”

“We teach about how to drive in school, but not how to manage finances.”

“The dumbest reason in the world to buy a stock is because it’s going up.”

“Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.”

“One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.”

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

“In investing, what is comfortable is rarely profitable.”

“How many millionaires do you know who have become wealthy by investing in savings accounts?  I rest my case.”

“Bonds should come with a warning label.”

“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.”

“A good name is rather to be chosen than great riches.”

“Many ‘new and improved’ recommendations are based on calculating profit first and then working backward to justify the method.”

“Everything popular is wrong.”

“Life can only be understood backwards; but it must be lived forwards.”

“You can’t expect to meet the challenges of today with yesterday’s tools and expect to be in business tomorrow.”

“Those closest to the problem are often the least capable of seeing it with fresh eyes.”

“Price is only an issue in the absence of value.”