We've all heard stories of lottery winners, rock stars, heirs and heiresses, and professional athletes becoming millionaire morons who wake up rich but are broke by nightfall.

As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.

The rich continue to get rich the same way they always have - by understanding how money works and making their money work for them.

I want parents to teach that academic intelligence is essential, but so is financial intelligence.

I try to treat all the money I'm making like it's the last time I'm going to make it.

The only time people get pressured into doing reunions to make more money is when the current lineup is underperforming. And by bringing back the other guy, it increases their draw.

Woody Allen would go for seven years without a movie and then make one that makes no money.

That hasn’t been easy, because in order to run a clean and transparent race, I announced in January I was not going to accept any corporate PAC money."