You can teach your kids to chase status. Or you can teach them to own assets.

Invest... - In the stock market - For more than 5 years - Owning over 20 stocks - With some index funds - Adding money continually - Expecting market declines Actually....LOVING market declines.. because they're just price discounts for long-term investors.

Be cautious about the short run and optimistic about the long run.

Everyone wants to buy low and sell high—until low feels terrifying and high feels invincible.

Don’t buy the dip. Buy the decade.

Rules for enduring bear markets: – Don’t panic – Don’t sell – Don’t watch too closely

Dividends are business profits sneaking into your bank account.

If you need excitement, try Vegas. If you need wealth, try index funds.

The underrated skills of investors: – Boredom tolerance – Ego control – Calendar discipline

The market punishes ego faster than it rewards intelligence.

The stock market is a transfer machine: from the impatient to the patient.

Time beats timing.

Volatility is the price of admission for compounding.

Do you think unemployment in the US is headed higher? And why or why not…

Ego is your biggest expense.

Looking rich is a liability. Being rich is an asset.

Owning 25 stocks is insurance. Owning 1 stock is a prayer.

Rarely in US history has the stock market been near all-time highs while unemployment was at 4-year highs. This is the case now. Please explain.

You don’t beat the market by predicting it—you beat it by staying in it.

What long-term investors know: – Volatility is normal – Patience is rare – Compounding is magic