I am like a chief. I like to taste the food. If it tastes bad, I don’t serve it. I’m constantly monitoring what we do, and I’m always looking for better ways we can provide financial services, ways that would make me happy if I were a client.
Most of the mutual fund investments I have are index funds, approximately 75%.
I couldn’t read. I just scraped by. My solution back then was to read classic comic books because I could figure them out from the context of the pictures. Now I listen to books on tape.
At the end of every day, having a clientele that speaks well of you, that’s the largest source of business. I don’t care what kind of business you’re in. Clients referring us to their friends or relatives is so much more powerful than any advertising we could ever do.
I consider my ability to arouse enthusiasm among men the greatest asset I possess. The way to develop the best that is in a man is by appreciation and encouragement.
The best place to succeed is where you are with what you’ve got.
There is nothing else that so kills the ambitions of a person as criticisms from superiors. I never criticize anyone. I believe in giving a person incentive to work. So I am anxious to praise but loath to find fault. I have yet to find a person, however great or exalted his station, who did not do better work and put forth greater effort under a spirit of approval than he would ever do under a spirit of criticism.
The man who has done less than his best has done nothing.
The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life.
Passion is the great slayer of adversity. Focus on strengths and what you enjoy.
Many times I can see a solution to something differently and quicker than other people. I see the end zone and say ‘This is where I want to go.’
I did as much as I could: raising chickens, pushing an ice-cream cart, bagging walnuts, driving a tractor on a beet farm, working on the railroad. I think this eclectic career helped me a lot in life.
Don’t limit investing to the financial world. Invest something of yourself, and you will be richly rewarded.
We are all salesmen every day of our lives. We are selling our ideas, our plans, our enthusiasms to those with whom we come in contact.