“If you go to Minnesota in January, you should know that it's gonna be ...” — Peter Lynch Quote

If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.

So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.

I don't go near the money and the money doesn't go near me.

Don't bottom fish.

When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

Doubt is not below knowledge, but above it.

My philosophy is to live below your means.

If you scratch below the surface and ask what really makes me tick, it's the liberalism of trying to promote freedom and opportunity. Promoting social mobility is one of the keys to that.

My advice: Don't quit. When I got to New York City, I lived so far below the poverty line, because I didn't give in and get a job at 7-Eleven. I think you can thrive in misery.

To go below one nanokelvin is like running a mile below four minutes for the first time.