[1] - "One of the most important trades for anyone is getting your spouse right"
[2] - Professional traders don't brag about their winners:
"In all my career, I never heard a professional trader talk once about a good trade."
"Some people have that 'smartest guy in the room syndrome'. I have never known anyone with that syndrome to be successful in trading."
[3] You must be able to survive your losses.
"If you're not bored with the size of your trades, you're probably trading too big.
[4] Careful who you invest with.
"Somebody insisted that I need to be more diverse. So I put money with some different fund managers and they either stole it or lost it"
[5] Highly Suspicious of Global Warming
"I'm highly suspicious of the global warming operation going on these days. I invested in the electric vehicle in the early 80s. And that was before, that was before Al Gore. They were talking about global cooling at that time."
[6] Careful who you get into business with.
"A lot of people end up getting into business with people who are morally compromised because they've got that sort of charisma that masks their intentions."
[7] Just figure out what the crowd is doing and do the opposite.
"I used to say I made half of my money contrarian going against the crowd, but later I adjusted that to half to three quarters and then the 90%. And now it's somewhere between 99% and 100%"
[8] Trading is Boring.
"We're doing boring stuff, trying to figure out when something is overbought and sell it, and when something is oversold and buy it. [...] It can get real boring waiting for the market to do what you think it ought to do."