The Noah Rule: Predicting Rain Doesn't Count;

Just Imagine Living On 21,000 A Year. I Mean You Have 20 Percent Of The Population Doing That. So You Don't Have To Worry About Guys Like Me.

The Most Important Investment You Can Make Is In Yourself. Very Few People Get Anything Like Their Potential Horsepower Translated Into The Actual Horsepower Of Their Output In Life. Potential Exceeds Realization For Many People...the Best Asset Is Your Own Self. You Can Become To An Enormous Degree The Person You Want To Be.

Does Management Resist The Institutional Imperative?

What You Really Want To Do In Investments Is Figure Out What's Important And Knowable. If It's Unimportant Or Unknowable You Forget About It.

With Housing It's Something Even More Dramatic Than That, Because Most People Aspire To Own Their Own Home.if You Really Think That Houses Prices Are Going To Go Up Next Year And The Year After, You Feel If I Don't Buy It This Year, I'm Going To Have To Buy It Next Year.that's Not True Of An Internet Stock. But It's True Of A Home.