Out of the ashes you will rise, if you feel sad, lost, depressed, finances are in the gutter.

Social life, you're lonely. Out of the ashes, you will rise.

Here are my garage. Invest in yourself. Always be curious. Don't be a cynic.

Sleeping on a couch in a mobile home with only $47 in my bank account.

When everything's burnt to the ground, when you're sad, lost, depressed, and everything's at rock bottom,

you get to rebuild the exact and precise way you want the damn thing rebuilt.

Health, wealth, love, happiness, each of these four goals.

In case you missed the last episode, make sure you go back and check it out. Here's what went down.

You walk in the room with a certain amount of knowledge. If you talk the whole time, you walk out with the same amount of knowledge.

If you walk in the room and listen to smart people, you walk out with an increase, and that's what life's all about.

Coming up today. You want to be the old man in the Ferrari because I live in Beverly Hills.

There's some old-ass mofos pulling up an event to doors. I ain't an old-ass dude.

I don't want my first Lamborghini at 800. Listen to very few people in life.

Even your own family will give you bad advice because they don't always have your best interests.

One thing Joel South told me, as A.A. said, quality over quantity.

In everything I do, you know, if you have a choice between 100 acquaintances and three friends that'll beef there for you when you're in the hospital, they'll show up. Have three friends.

If you have a choice between a thousand crappy books and three gangster books,

like managing oneself, like Charlie Munger's Poor Charlie's Aunt, you read those three books over and over and over.

You'll be way richer than the people reading, you know, 100 ding dong books written by God knows who.

Listen to very few people in life. Even your own family will give you bad advice because they don't always have your best interests.

You're not qualified. And there's something called perverse incentives that Charlie Munger talks about.

Beware a perverse incentive. Sometimes your parents, your friends, your cousins, your uncles give you advice for what perverse incentive doesn't have anything to a sexual perversity.

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