ADVICE

Do not listen to people who have never done what you are trying to do.

Technology won't replace financial advisors. But advisors who use technology will replace those who don't.

Every financial advisor should be a fiduciary. Full stop. No exceptions.

Build something that people want. That's the best business advice I ever got, and the only business advice you'll ever need.

The best products are built by people who are solving their own problems. We were our own first users.

Most investors would be better off in index funds. I know how hard it is to beat the market consistently — I did it, and it was the hardest thing I've ever done.

Never take a job for the money. Take it for the experience. The money follows the skill, not the other way around.

Finding the best person or the best organization to invest your money is one of the most important financial decisions you will ever make.

If you're offered a seat on a rocket ship, don't ask what seat. Just get on.

The average man doesn't wish to be told that it is a bull or bear market. What he desires is to be told specifically which particular stock to buy or sell.

For individuals, the best approach is to invest in low-cost index funds. Don't try to be clever.

Valuation is temporary, but value is permanent.

I need to see founders thinking big, thinking 10X, thinking about moonshot ideas and goals.

You can test your idea with very little capital. Bootstrap first. Validate your model. Don't dilute before you're ready.

You've got to survive, you thrive later, but first you got to survive.