“Investing is important, but get debt-free first. That's what frees up your income so you can win.” FirstsImportantWinningInvestingDebtIncomeYou Can WinDebt Free Author:Dave Ramsey
“In business we often find that the winning system goes almost ridiculously far in maximizing and or minimizing one or a few variables - like the discount warehouses of Costco.” WinningInvestingVariablesDiscountsWarehouseMaximizingMinimizingCostco Author:Charlie Munger
“The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the "know-nothings" - must win.” KnowsMeanWinningGreaterGroupsReturnInvestingActiveInvestorsPassivePercentagesBrethren Author:Warren Buffett
“Active management is a zero-sum game before cost, and the winners have to win at the expense of the losers.” GamesWinningCostManagementInvestingActiveWinnerExpensesZeroLoserZero Sum GameActive Management Author:Eugene Fama
“Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions. Every game has principles that successful players master to achieve winning results. So does life. Principles are ways of successfully dealing with the laws of nature or the laws of life. Those who understand more of them and understand them well know how to interact with the world more effectively than those who know fewer of them or know them less well.” KnowsWorldWayLifeWellsDoeLawGamesWinningGrowthAnswersResultsPrinciplesKnow HowSuccessfulPlayerAchieveMastersCircumstancesConceptsPersonal GrowthInvestingFewerLaws Of NatureLaws Of Life Author:Ray Dalio