“You are going to find that buying the car is much less satisfying than working for it.”
“The feeling "I'll be happy when X happens" will never bring you anything but discontentment.”
“The problem with patience and discipline is that it requires both of them to develop each of them.”
“Progress is a natural result of staying focused on the process of doing anything.”
“Be greedy when others are fearful and fearful when others are greedy.' Easier said than done for the vast majority of stock traders. ... On every stock trade there is someone who wants to sell and someone who wants to buy, at least at a particular price. ...the person who is selling thinks that she is getting out just in time while the person buying thinks that he is about to make good money.... The truth is that the market doesn't really reflect some magical perfect valuation of a stock under the efficient market hypothesis. It reflects the mass consensus of how actual individual investors value the stock. It is the sum total of everyone's hopes and fears...”
“But the toaster was quite satisfied with itself, thank you. Though it knew from magazines that there were toasters who could toast four slices at a time, it didn't think that the master, who lived alone and seemed to have few friends, would have wanted a toaster of such institutional proportions. With toast, it's quality that matters, not quantity.”
“While I don't think sociopaths have any sort of moral urge to do good things, I think they can and do act morally in the context of pursuing their own advantage. A good analogy would be a corporation. There are a lot of corporations that do things that you like, maybe even good things, like produce vaccines or electric cars, although the primary motivation is to make a profit. But just because you are trying to make a profit doesn't mean you can't do it by doing things you like, or that you are good at, or that comport with the way you see the world, or want the world to see you.”