The purpose of wealth is freedom. It's nothing more than that.
Money's not gonna solve all your problems, but it's gonna solve all your money problems.
Wealth is assets that earn while you sleep.
To win at a status game, you have to put somebody else down.
A lot of people think making money is about luck. It's not. It's about becoming the kind of person that makes money.
Build your character in a certain way, and then your character becomes your destiny.
The world is full of smart lazy people.
Signals are what people do despite what they say.
People are much more honest with their actions than they are with their words.
If you openly talk about how honest and reliable and trustworthy you are, you're probably not that honest and trustworthy.
All the really successful people I know have a very strong action bias.
The easiest way to figure out if something is viable or not is by doing it.
No one can compete with you on being you.
Escape competition through authenticity.
Essentially all the benefits in life come from compound interest.
In a long-term game, it seems that everybody is making each other rich. In a short-term game, it seems like everybody is making themselves rich.
The means of learning are abundant. It's the desire to learn that's scarce.
Read what you love until you love to read.
Once you replace the curiosity with the compliance, you get an obedient factory worker, but you no longer get a creative thinker.
Specific knowledge is found much more by pursuing your innate talents, your genuine curiosity and your passion.
All of this stuff feels like play to me, but it looks like work to others.
It's better to be anonymous and rich than to be poor and famous.
Without accountability you don't have incentives. Without accountability you can't build credibility.
I think of accountability as reputational skin in the game.
In an age of infinite leverage, judgment becomes the most important skill.
My definition of wisdom is knowing the long-term consequences of your actions.
The people with the best judgment are actually among the least emotional.
The more outraged somebody is, I guarantee you the worse their judgment is.
No one is going to value you more than you value yourself.
You just have to set a very high personal hourly rate and you have to stick to it.
Hard work is absolutely no substitute for who you work with and what you work on.
Impatience with actions and patience with the results.
A busy calendar and a busy mind will destroy your ability to do great things in this world.
Product progress is the resume for the entrepreneur.
If you survey enough people, all the advice will cancel to zero.
You have to reject most advice, but you have to listen to and read enough of it to know what to reject and what to accept.
A calm mind, a fit body and a house full of love. These things cannot be bought. They must be earned.
When you're naturally internally peaceful, you're gonna pick less fights.
The ultimate purpose of money is so that you do not have to be in a specific place at a specific time doing anything you don't want to do.
Making money should be a function of your identity and what you like to do.
Being ethical turns out to be a selfish imperative.
You can be ethical simply because you're long-term greedy.
You want to be honest because it leaves you with a clear mind.
Sometimes it takes the suffering of doing the wrong thing to motivate you enough to do the right thing.
Negotiations are won by whoever cares less.
If you think like the owner and you act like the owner, it's only a matter of time until you become the owner.
If you can't see yourself working with someone for life, then don't work with them for a day.
You can get a lot out of almost any position. You just have to put a lot into it.