The Media Has The Power To Create

I Have Been Very Lucky Because I Have Had The Opportunity To See What It's Like To Have Little Or No Money And What It's Like To Have A Lot Of It. I'm Lucky Because People Make Such A Big Deal Of It And, If I Didn't Experience Both, I Wouldn't Be Able To Know How Important It Really Is For Me. I Can't Comment On What Having A Lot Of Money Means To Others, But I Do Know That For Me, Having A Lot More Money Isn't A Lot Better Than Having Enough To Cover The Basics.

Almost Everything Is Like A Machine.

When There Is Pain, The Animal Instinct Is 'fight Or Flight' (i.e., To Either Strike Back Or Run Away) - Reflect Instead. When You Can Calm Yourself Down, Thinking About The Dilemma That Is Causing You Pain Will Bring You To A Higher Level And Enlighten You, Leading To Progress.

The Biggest Mistake Investors Make Is To Believe That What Happened In The Recent Past Is Likely To Persist. They Assume That Something That Was A Good Investment In The Recent Past Is Still A Good Investment. Typically, High Past Returns Simply Imply That An Asset Has Become More Expensive And Is A Poorer, Not Better, Investment.

To Be Successful, We Need Everyone To Think Independently And Work Through Disagreement To Decide What's Best.