Quotes About Portfolio

Wealth management businesses are capital light businesses.

In an increasingly competitive technology world, VCs must work more and more closely with portfolio companies to develop superior technology, talent, and operations.

As we thought about how to help portfolio companies grow and scale while simultaneously supporting corporate discovery and experimentation, it became clear that we would need to collaborate with a technology infrastructure provider like AWS to help us build a platform for experimentation.

I started out like any other model - I didn't use my name as leverage. I went out with a portfolio and pounded the pavement and it was surprising how many people wouldn't see me because I was too short.

I've long advised that bloggers seeking to make money from blogging spread their interests across multiple revenue streams so as not to put all their eggs in one basket.

You have never lost money in stocks over any 20-year period, but you have wiped out half your portfolio in bonds (after inflation). So which is the riskier asset?

Diversify your investments.

I know where I'm putting my money.

I did a handful of photo shoots and I never made any money for it just because I was trying to build a portfolio. I decided that that's not what I wanted to do.

There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.

I do not own a single security anywhere that doesn't pay a dividend, and I formed a mutual-fund company with that very simple philosophy.

The future is so "intrinsically uncertain" that investors should focus heavily on avoiding permanent losses and building "a portfolio that can endure various states of the world.

Never forget that the portfolio's the thing: Inevitably, it will contain poorly performing asset classes—there will always be at least one—but its identity will change from year to year.

If you are such an individual and become upset when one of your asset classes does poorly, even when the rest of your portfolio is doing well, then you should not be managing your own money.

The five major domestic asset classes you should use are: large market, small market, large value, small value, REITs.

If your portfolio risk exceeds your tolerance for loss, there is a high likelihood that you will abandon your plan when the going gets rough.

Because we cannot predict the future, we diversify. —Paul Samuelson

First, a total-market index fund is an ideal "core" equity holding in a taxable account, because of its "tax efficiency." The Russell 3000 and the Wilshire 5000 have essentially no turnover. Stocks may leave the index via mergers and acquisitions, but these are often not taxable events. The only way a stock truly leaves these portfolios is feet first, by going bankrupt, in which case you don't have to worry about capital gains.

If you decide to buy bonds or a bond fund, make sure the average maturity is less than the time horizon of the savings.

At this point, it's important to clarify the difference between bonds and stocks. A bond is simply a loan. Most often, bonds have a sharply limited upside: the best that you can do is collect your interest payments and principal at maturity. A share of stock, on the other hand, represents a claim on all of the future earnings of the company. As such, its upside is potentially unlimited. It

So the twentieth century has seen three severe drops in stock prices, one of them catastrophic. The message to the average investor is brutally clear: expect at least one, and perhaps two, very severe bear markets during your investing career. Long-term

Paradoxically, in the long run, bonds are at least as risky as stocks. This is because stock returns are "mean reverting." That is, a series of bad years is likely to be followed by a series of good ones, repairing some of the damage.

Investors cannot earn high returns without occasionally bearing great loss.

If you still crave financial thrills or feel compelled to have exciting investments to talk about with folk at parties, then designate a very small corner of your portfolio as mad money, to be deployed in 'exciting' investments. Just make sure to promise yourself that when it's gone, it's gone.