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Sound Quotes

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Sound Quotes

“Rule One. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is Rule No. 1. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability.”

“There is a saying that no man has tasted the full flavour of life until he has known poverty, love and war. The justness of this reflection commends it to the lover of condensed philosophy. The three conditions embrace about all there is in life worth knowing. A surface thinker might deem that wealth should be added to the list. Not so. When a poor man finds a long-hidden quarter-dollar that has slipped through a rip into his vest lining, he sounds the pleasure of life with a deeper plummet than any millionaire can hope to cast.”

“Fear looks both ways but still refuses to cross; fear looks twice and still doesn't leap. ... Fear usually arrives late, inevitably leaves early, and ends up never going out of town at all. Fear is the phantom hand on the back of the neck and the sound of a door opening downstairs when no one is coming home. ... Fear grows poor because it watches others gain wealth but cannot enter the fray; fear grows sick because it eats away at heath even as it fears its diminishment; fear grows old watching others live in ways that seem to threaten-but in reality only enhance-life.”