“The ability to discipline yourself to delay gratification in the short term in order to enjoy greater rewards in the long term, is the indispensable prerequisite for success.”

“If there is one thing that marks families with money over the long term it is this: delayed gratification.”

“Everywhere you turn you see Americans sacrifice their long-term interests for a short-term reward.”

“The problem for free-market economists is that their policy recommendations at the dawn of a recession are not too sexy to the political mindset. They involve either doing nothing to hinder price adjustments, or actively removing extra-market barriers to price adjustments. This often involves short-term pain in exchange for long-term solutions, when politics rewards short-term solutions that result in long-term pain.”

“In the short term, it would make me happy to go play outside. In the long term, it would make me happier to do well at school and become successful. But in the VERY long term, I know which will make better memories.”

“Deciding to commit yourself to long term results rather than short term fixes is as important as any decision you'll make in your lifetime.”