Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.

Money is only a tool in business. It is just a part of the machinery. You might as well borrow 100,000 lathes as $100,000 if the trouble is inside your business. More lathes will not cure it; neither will more money. Only heavier doses of brains and thought and wise courage can cure. A business that misuses what it has will continue to misuse what it can get.

Nothing can be made except by makers, nothing can be managed except by managers. Money cannot make anything and money cannot manage anything.

Two classes of people lose money; those who are too weak to guard what they have; those who win money by trick. They both lose in the end.

If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.

The highest use of capital is not to make more money, but to make money do more for the betterment of life.