It takes a different kind of thinking to solve a problem than the kind of thinking which produced the problem.
Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly.
When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
There is always a divergence between our perception and what actually exists.
I'm only rich because I know when I'm wrong.
My sense of insecurity keeps me alert, always ready to correct my errors.
I bought my son an indestructible toy. Yesterday he left it in the driveway. It broke my car.
When toward the Devil's Hose we tread, Woman's a thousand steps behind. [Ger. , Denn geht es zu des Bosen Haus Das Weib hat tausend Schritt voraus. ]
When someone has the desire to go to school and has the ability but can't get into our schools, that's wrong. Education drives the economy and the quality of life.
But what's real? You can't find the truth. You just pick the lie you like best. As long as you know that everything's a lie, you can't hurt yourself.