Stretch your mind. Get stimulated. Associate with people who can help you think of new ideas, new ways of doing things. Mix with people of different occupational and social interests.

Real love is accepting other people the way they are without trying to change them.

Investing is one of the only fields that offers daily opportunities for extreme rewards. People believe in financial quackery in a way they never would for, say, weather quackery because the rewards for correctly predicting what the stock market will do next week are in a different universe than the rewards for predicting whether it will be sunny or rainy next week.

Things rarely get stuck because of lack of time. They get stuck because the doing of them has not been defined.

Checking in with each person on a team—listening, course-correcting, adjusting, coaching, pinpointing, advising, paying attention to the intersection of the person and the real-world work—is not what you do in addition to the work of leading. This is the work of leading. If you don’t like this, don’t be a leader.

Humble beginnings can create the perfect foundation for success, because starting at the bottom creates almost endless opportunities to enjoy small successes.

The violence of internal feud crushed by authority reappears in authority itself, which falls into the hands of men who, like the rest, are frequently or always ready to sacrifice the public welfare to their personal interest.

Cheap grace is the grace we bestow on ourselves. Cheap grace is the preaching of forgiveness without requiring repentance, baptism without church discipline, communion without confession.

Understanding your own worth helps you gain confidence without others having to admit it, and you will no longer compare yourself to the common standards of society or to what others have. From then on, you live freely, calmly with your own beliefs and values ​​without paying attention to eyes or comments from the outside, you will always keep a comfortable mind, avoid being exhausted in the process. all circumstances.

We were simply fortunate enough to experience an array of leadership challenges that taught us valuable lessons.