I worked for Xerox for 4 years and after that I knew I was never going to be a corporate person. It wasn't my environment.
Even if the economy crashes, we will still burn oil.
Our brains are either our greatest assets or our greatest liabilities.
An active investor is someone who actually lives off their investments as opposed to wages from a job.
I am pro-education. I'm just anti the system.
The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
If I have cash and I can't figure a way to put it into real estate or my business, I hold it in gold and silver.
I mean, Hawaii is beautiful, but the world is full of beautiful places.
The problem with real estate is that it's local. You have to understand the local market.
One of the reasons so many people get burned in the market is because they start buying as they see prices going up.
I explain the law of compensation like this: 'Returns are minimal in spite of massive effort at the start, yet returns can be massive with minimal effort over time.
Critics only make you stronger. You have to look at what they are saying as feedback. Sometimes the feedback helps, and other times, it's just noise that can be a distraction.
Confidence comes from discipline and training.
You have to be smart. The easy days are over.
As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved.
A lot of people are afraid to tell the truth, to say no. That's where toughness comes into play. Toughness is not being a bully. It's having backbone.
Inside of every problem lies an opportunity.
If I lost my job, I'd get a job at McDonald's.
When President George W. Bush attempted to reform Social Security, that proposal was more unpopular with Americans than the Iraq war. People love their entitlements.
Getting rich is about fun. It's a game, and you have to treat it that way.
I have had a 'real' job for only four years of my life, which means I only collected a traditional paycheck for that very short period of time.
I do know that throughout history, all paper money has eventually come back to its true value, which is zero.
The more a person seeks security, the more that person gives up control over their life.
Losers are people who are afraid of losing.
If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.
If you're working for a good company and you're happy there, and you're being compensated accordingly, and your work satisfies you, you should stay there.
This 90/10 rule holds true in almost anything financial. Take the game of golf, for example. Ten percent of the professional golfers make 90 percent of the money.
When people are lame, they love to blame.
Tax season always means a deluge of tax advice. Unfortunately, most of it is futile and lightweight.
Face your fears and doubts, and new worlds will open to you.
I am very concerned about the millions of baby boomers who are counting on the stock market to deliver them a safe, sound, long retirement. I am afraid the baby boomers who are counting on the stock market are in trouble.
My partner Donald Trump says that married couples should always have a prenuptial agreement. True, a prenuptial is important if one partner is much richer than the other before marriage, but Kim and I don't have one.
When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.
When I started my last business, I didn't receive a paycheck for 13 months. The average person can't handle that pressure.
The trained mind is a rich mind.
When I watch professional football, I love listening to John Madden because I know he knows what he's talking about. He's been both down in the trenches and in front of the bench as a coach. He knows the game.