“All of you were given two great gifts: your mind and your time. It is up to you to do what you please with both. With each dollar bill that enters your hand, you, and only you, have the power to determine your destiny. Spend it foolishly, and you choose to be poor. Spend it on liabilities, and you join the middle class. Invest it in your mind and learn how to acquire assets, and you will be choosing wealth as your goal and your future. The choice is yours, and only yours. Every day with every dollar, you decide to be rich, poor, or middle class.”
― Rich Dad Poor Dad
― Rich Dad Poor Dad
“The desire for more, the fear of missing out, the tendency to compare against others, the influence of the crowd and the dream of the sure thing—these factors are near universal. Thus they have a profound collective impact on most investors and most markets. This is especially true at the market extremes. The result is mistakes—frequent, widespread, recurring, expensive mistakes.”
― The Most Important Thing: Uncommon Sense for the Thoughtful Investor
― The Most Important Thing: Uncommon Sense for the Thoughtful Investor
“How is a product better simply because it sells the most units? And remember novelist W. Somerset Maugham’s wise words: ‘If 50 million people say something foolish, it is still foolish.”
― The Art of Thinking Clearly: The Secrets of Perfect Decision-Making
― The Art of Thinking Clearly: The Secrets of Perfect Decision-Making
“There’s only one way to describe most investors: trend followers. Superior investors are the exact opposite. Superior investing, as I hope I’ve convinced you by now, requires second-level thinking—a way of thinking that’s different from that of others, more complex and more insightful.”
― The Most Important Thing: Uncommon Sense for the Thoughtful Investor
― The Most Important Thing: Uncommon Sense for the Thoughtful Investor
“If you have any desire to be rich, you must focus. Do not do what poor and middle-class people do: put their few eggs in many baskets. Put a lot of your eggs in a few baskets and focus. Follow One Course Until Successful.”
― Rich Dad Poor Dad
― Rich Dad Poor Dad
2025 & 2026 Reading Challenge
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Shasirekha’s 2024 Year in Books
Take a look at Shasirekha’s Year in Books, including some fun facts about their reading.
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