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I wondered if sometimes the difference between a psychopath in Broadmoor and a psychopath on Wall Street was the luck of being born into a stable, rich family.
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
There is no evil that does not promise inducements. Avarice promises money; luxury, a varied assortment of pleasures; ambition, a purple robe and applause. Vices tempt you by the rewards they offer.
Shortly after I met my mentor he asked me, ‘Mr. Rohn, how much money have you saved and invested over the last six years?’ And I said, ‘None.’ He then asked, ‘Who sold you on that plan?’
I never stopped grinding. I never stopped hustling. I never stopped working. I just kept moving. It has nothing to do with the money or anything like that. It's just that I love music.
He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.
You have to love your work. You have to save money instead of spending all of it. Look for areas you can compete in. Work damn hard. Most importantly, you have to love it.
Time can't be measured in days the way money is measured in pesos and centavos, because all pesos are equal, while every day, perhaps every hour, is different.
I didnt finish the stories until we went to the Philippines and I got malaria. I couldnt work and I didnt have any money, but I had seven stories. So I wrote three or four more.
I feel responsible for Johnny Ray's success. See many years ago I asked him to be on my show and he asked for a lot of money and I cried. And he stole that from me.
The golden opportunity you are seeking is in yourself. It is not in your environment; it is not in luck or chance, or the help of others; it is in yourself alone.
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.