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Paid Quotes

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Paid Quotes

“I don't consider an actor a star if he's paid $20 million and grimaces in front of the camera and has a stunt man stand in for him. They may be fine actors, but they're not role models. The real stars are wearing body armor in 130-degree heat . . . They're getting shot at and they don't have any stunt doubles standing in for them.”

“One thing my mother always instilled in me is to always know my worth. Don't settle for less. She used to say to me 'Iman, no is a complete sentence, learn to say no. You don't have to explain it you don't have to say anything after it. It's a complete sentence.' So when I came to America 1975, I found out that the black models were being paid less than white models. So the first thing I did was say I'm not going to do the job unless I'm paid the same amount.”

“Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one ounce of attention to the descendants of that idea, which came out of academic economics and went into corporate finance and morphed into such obscenities as the capital asset pricing model, which we also paid no attention to. I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven-percentage points per annum just by investing in high volatility stocks.”

“My Big Mama is my No. 1 financial role model. Much of my advice stems from what she taught me. She never made more than $13,000 a year, yet she paid off her home before she retired. She saved money from every paycheck. She taught me to be skeptical. It makes me cry to think that I'm a nationally syndicated personal finance columnist for one of the world's best newspapers and my core advice comes from my black grandmother who was a nurse's aide with just a high school education.”