We try more to profit from always remembering the obvious than from grasping the esoteric.

How do you compete against a true fanatic? You can only try to build the best possible moat and continuously attempt to widen it.

Let me know what your problem is, and I will try to make it more difficult for you.

To atone, I teach and try to set an example...I love spreading this stuff around. Just because it's trite doesn't mean it isn't right. In fact, I like to say, 'If it's trite, it's right.'

Financial institutions make us nervous when they're trying to do well.

It's in the nature of stock markets to go way down from time to time. There's no system to avoid bad markets. You can't do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go.

I try to get rid of people who always confidently answer questions about which they don't have any real knowledge.

Tthe first rule is that you can't really know anything if you just remember isolated facts and try and bang 'em back. If the facts don't hang together on a latticework of theory, you don't have them in a usable form.... You may have noticed students who just try to remember and pound back what is remembered. Well, they fail in school and in life.

Trying to prioritize among things we're unlikely to do is pretty fruitless.