MINDSET

Pain plus reflection equals progress.

My natural state is an outsider. I've always been an outsider.

My best quality as an investor is that I can change my mind completely in a day. Most people can't do that. They fall in love with their positions.

I was running trades out of my dorm room at Harvard. There was never a moment where I thought this was unusual. I just wanted to compete.

Don't focus on making money. Focus on protecting what you have. The money will take care of itself if you manage the downside.

Short-term trading is about probability, not certainty. If you are looking for certainty, go buy index funds. If you want to trade, learn to be comfortable being wrong often and right more.

Most people want a get-rich-quick shortcut. Trading is the opposite. It rewards patience, study, and discipline — all things most people do not want to practice.

The primary difference between the rich and everyone else is what they do in their spare time.

You must gain control over your money or the lack of it will forever control you.

The most successful investors and entrepreneurs are the ones who never stop learning.

Your network is your net worth. Invest in relationships the same way you invest in assets.

I think it is possible for ordinary people to choose to be extraordinary.

Life's too short to hang out with people who are not resourceful.

If you are born poor it is not your mistake, but if you die poor it is your mistake.

Desire is a contract you make with yourself to be unhappy until you get what you want.

If you are poor, you are going to stay poor unless you change how you think about money.

The temporary satisfaction of quitting is outweighed by the eternal suffering of mediocrity.

You will never be admired for your savings account. You will only be admired for your impact.

Don't be a little bitch with your goals.

Insecurity is the enemy of greatness. The more insecure you are, the less risk you will take.

A high-ticket closer does not sell. They help prospects make the best decision for themselves.

Stop trying to be liked. Start trying to be respected.

Your income can only grow to the extent that you do.

Rich people believe: I create my life. Poor people believe: Life happens to me.

If you want to change the fruits, you have to change the roots.

Rich people are committed to being rich. Poor people want to be rich.

The best investment I ever made was in myself. Everything else followed.

A complainer is never a winner, and a winner is never a complainer.

Every problem is a gift — without problems we would not grow.

The difference between those who succeed and those who fail isn't what they have — it's what they do.

The only thing standing between you and your goal is the story you keep telling yourself as to why you can't achieve it.

Winners use words that say "must" and "will." Losers use words that say "should" and "maybe."

Act as if! Act as if you're a wealthy man, rich already, and then you'll surely become rich.

Budgeting isn't about restriction. It's about permission — permission to spend without guilt because you know everything else is covered.

The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.

When you are grateful, fear disappears and abundance appears.

Comparison is the thief of joy and the thief of your bank account.

Contentment is the key to financial peace. When you stop wanting more, you realize you already have enough.

A little fear keeps you sharp. Don't run from it — use it.

The moment you accept responsibility for everything in your life is the moment you gain the power to change anything.

If you want your life to be different, you have to be willing to do something different first.

A stock is not a ticker symbol. It's a fractional ownership of a real business. Act accordingly.

I was the worst student in my school. Then I learned that success is a skill, not a talent.

Your life only gets better when you get better. There is no other way.

The key to success is to focus on goals, not obstacles.

I'd rather be optimistic and wrong than pessimistic and right.