- He advocates index investing for almost all investors.
- He suggests viewing one's career as a form of investment that can be used to balance passive investing.
- He views the government as a "silent partner" in one's investing. The government actually takes more of the burden when one realizes losses, and only shares in gains. This is an interesting view of capital-gains taxes.
He talks about some of the interesting challenges of raising children (especially in the context of a great deal of money). Some of the more generally applicable pieces of wisdom: "fair does not mean equal", and good parents try to help their children realize their own personalities.