If you want to make the maximum amount of money possible, if you want to get rich over your life in a deterministically predictable way, stay on the bleeding edge of trends and study technology, design, and art - become really good at something.
- Naval Ravikant, from The Almanack of Naval Ravikant book by Eric Jorgenson
The trick when dealing with failure is arranging your financial life in a way that a bad investment here and a missed financial goal there won't wipe you out so you can keep playing until the odds fall in your favor.
- from The Psychology of Money book by Morgan Housel
Stay out of things that could cause you to lose all of your capital, all of your savings. Don't gamble everything on one go. Instead, take rationally optimistic bets with big upsides.
- Naval Ravikant, from The Almanack of Naval Ravikant book by Eric Jorgenson
Wealth, like a tree, grows from a tiny seed. The first copper you save is the seed from which your tree of wealth shall grow. The sooner you plant that seed the sooner shall the tree grow. And the more faithfully you nourish and water that tree with consistent savings, the sooner may you bask in contentment beneath its shade.
- from The Richest Man in Babylon book by George S. Clason
The great irony of investing is that the more you watch and fiddle with your holdings the less well you are likely to do. Fill your basket, add as much as you can along the way and ignore it the rest of the time. You'll likely wake up rich.
- from The Simple Path to Wealth book by J. L. Collins
I can't pick winning individual stocks and you can't either. Nor can the vast majority who claim they can. It is extraordinarily difficult, expensive and a fool's errand. Having the humility to accept this will do wonders for your ability to accumulate wealth.
- from The Simple Path to Wealth book by J. L. Collins
If it looks too good to be true, it is. There is no free lunch. Not ever.
- from The Simple Path to Wealth book by J. L. Collins
Do not aim to be coldly rational when making financial decisions. Aim to just be pretty reasonable. Reasonable is more realistic and you have a better chance of sticking with it for the long run, which is what matters most when managing money.
- from The Psychology of Money book by Morgan Housel
That man who keepeth in his purse both gold and silver that he need not spend is good to his family and loyal to his king. The man who hath but a few coppers in his purse is indifferent to his family and indifferent to his king. But the man who hath naught in his purse is unkind to his family and is disloyal to his king, for his own heart is bitter.
- from The Richest Man in Babylon book by George S. Clason
A person who is prepared will prosper no matter which direction the economy goes, whenever it goes.
- from Rich Dad's CASHFLOW Quadrant book by Robert Kiyosaki