Quotes about "Money & Wealth"

When women fight for a higher salary, they can often feel guilty. When men fight for more pay, they feel empowered. I've always wanted to encourage women to go after the money they deserve. ”

It's critical to have a disciplined investing approach and stick with it. ”

As in most subjects relating to money management, there's a wide diversity of opinion on portfolio concentration versus diversification. ”

I have long believed the corporate world is plagued by poor capital allocation decisions. ”

I'd say the general outline of a sound investment approach is, first of all, you have to decide are you going to try to be an investor yourself? The answer for most people is probably they shouldn't try. You should put your money in index funds and not try to be a stock picker. ”

Shorting saved my butt in 2008... Shorting kept me in the game. It generates cash when the market's crashing. And that's what you want when the market's crashing - cash. ”

When reviewing one's portfolio, it is important to be aware of common mental mistakes that may lead to bad decisions. The most powerful is commitment bias, which, as manifested in investing, is the tendency to fall in love with one's stocks. ”

Investing is a probabilistic business. Every once in a while, it's sort of like you're throwing six-sided dice, and anything except a one or a two, you're doing well. Statistically speaking, you throw the dice enough times, you're going to throw a one or a two five times in a row, and you're going to look pretty foolish, right? ”

Just because a company's future is highly uncertain doesn't mean an investment in it is risky. In fact, some of the best potential investments are highly uncertain but have little risk of permanent capital loss. ”

I certainly enjoy going on stage and lecturing and talking to Congress. That's a personality explanation. And given government proposals, I thought I had a clear view that they were antagonistic to human freedom. ”