The greater the potential for reward in the value portfolio, the less risk there is.

Because prices move inexorably towards the free, the best move in the network economy is to anticipate this cheapness.

The less money lying idle the greater is the dividend.

especially favourable future prospects were regarded by shrewd investors as something to look for but not to pay for

...the soreness of growth is so much less expensive than the devastating costs of regret

Kelly was aware that there is one type of favorable bet available to everyone; the stock market.

The best scheme of finance is, to spend as little as possible; and the best tax is always the lightest.

If you look over the course of my career, how the US has improved and other countries have improved, being an optimist, especially in financial markets, have proven to be a good outcome.

Opinions” are the cheapest commodities on earth.

The more predictable the business, the more valuable it is.

Reducing your expenses is so much easier than increasing your income.

A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little.

[I]t's more satisfying to develop and manufacture less expensive items which pay for themselves. It makes me sleep better at night.

The future will be better tomorrow