“The world is filled with talented poor people. All too often, they’re poor or struggle financially or earn less than they are capable of, not because of what they know but because of what they do not know. They focus on perfecting their skills at building a better hamburger rather than the skills of selling and delivering the hamburger. Maybe McDonald’s does not make the best hamburger, but they are the best at selling and delivering a basic average burger.”(P.140)
当听取别人投资意见时,他有精妙的说法:
“A WARNING: Don’t listen to poor or frightened people. …..they are the “Chicken Littles” of life. When it comes to money, especially investment, “The sky is always falling.” They can always tell you why something won’t work. The problem is, people listen to them, but people who blindly accept doom-and-gloom information are also “Chicken Littles.” As that old saying goes, “Chickens of a feather agree together.”(P.170)
“There are so many “intelligent” people who argue or defend when a new idea clashes with the way they think. In this case, their so-called “intelligence” combined with “arrogance” equals “ignorance”. Each of us knows people who are highly educated, or believe they are smart, but their balance sheet paints a different picture, A truly intelligent person welcomes new ideas, for new ideas can add to the synergy of other accumulated ideas……Too many people think with their mouth instead of listening to absorb new ideas and possibilities, They argue instead of asking questions.” (P.169)
看看他如何描述关于把握机会和做决定:
“Great opportunities are not seen with your eyes. They are seen with your mind.”(P.125)
“Opportunities come and go. Being able to know when to make quick decisions is an important skill.”(P.29)
“Most people have an opportunity of a lifetime flash right in front of them, and they fail to see it. A year later, they find out about it, after everyone else got rich.” (P.114)
“Smart investors don’t time markets. If they miss a wave, they search for the next one and get themselves in position. Why this is hard for most investors is because buying what is not popular is frightening to them. Timid investors are like sheep going along with the crowd. Or their greed gets them in when wise investors have already taken their profits and moved on. Wise investors buy an investment when it’s not popular. They know their profits are made when they buy, not when they sell. They wait patiently…they do not time the market. Just like a surfer, they get in position for the next bug swell.”(P.171)