Quotes About Risk

The real key to making money in stocks is not to get scared out of them.

You don't suffer, kill yourself and take the risks I take just for money. I love bike racing.

Look down, not up, when making your initial investment decision. If you don't lose money, most of the remaining alternatives are good ones.

Don't be afraid to spend money to make money. That's one thing I've never been afraid of... to invest in myself.

Heuristic is an algorithm in a clown suit. It's less predictable, it's more fun, and it comes without a 30-day, money-back guarantee.

There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.

Investing is laying out money now to get more money back in the future.

Each of us, having received several hundred dollars, we passed the time gloriously, spending our money freely - never thinking that our lives were risked gaining it.

Capitalism without bankruptcy is like Christianity without hell.

If you think you have a good idea, get into the marketplace as quickly as you can, using as little money as possible, and see what happens.

Remember, I am neither a bear nor a bull, I am an agnostic opportunist. I want to make money short- and long-term. I want to find good situations and exploit them.

Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.

When it's too easy to get money, then you get a lot of noise mixed in with the real innovation and entrepreneurship. Tough times bring out the best parts of Silicon Valley.

I want to figure out a way to not be stupid with money, then make a whole bunch of it, then I want to move to Outer Mongolia. I want to milk a yak. Maybe I'll just settle for a cow.

Trading is a waiting game. You sit, you wait, and you make a lot of money all at once. Profits come in bunches. The trick when going sideways between home runs is not to lose too much in between.

I began to realize that the big money must necessarily be in the big swing.

Those with the enterprise lack the money and those with the money lack the enterprise to buy stocks when they are cheap.

Life can be dangerous; just let it be! When we shake off what we perceive as boundaries, that is where the bliss really is.

People have little idea, by and large, of the investment world. They are convinced they have an advantage.

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?

"If I had been on 'Bowling for Dollars,' I'd wind up owing them money."

Be not penny-wise. Riches have wings. Sometimes they fly away of themselves, and sometimes they must be set flying to bring in more.

In this business, by the time you realize you're in trouble, it's too late to save yourself. Unless you're running scared all the time, you're gone.

I've done a bit of smuggling, I've run my share of grass. I made enough money to buy Miami, but I piss it away so fast.