Michael LeBoeuf Quotes

I seek individual investments that will allow me to target total portfolio returns of at least 20% annually after fees and expenses on an annual basis over a period of years, not months.

Always keep your portfolio and your risk at your own individual comfortable sleeping point.

I don't want to be on anyone's board. I just want to have good investments.

Investing is a business where you can look very silly for a long period of time before you are proven right.

What I invest in, while not risky for me, may be too risky for most people.

Diversification has been, and balance, like Wellington, has been so drummed into me, it's part of my personality.

I'm not looking for hobbies, I'm looking for investments.

I think it is crucial to diversify one's portfolio.

There is a close logical connection between the concept of a safety margin and the principle of diversification.

Too many people say to their brokers, I can't deal with this. Take my money. Do what you want. That's the worst attitude you can have.

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

We don't manage money for anyone else. We bear responsibility only for our own risks.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

In long term investments, you don't need day to day management.

I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.

I create offbeat advice; I don't follow it. I rarely take third-party advice on my investments.

Investors should invest on what they know. The biggest mistake is to invest on what they don't know.

When I was very young, maybe 12 years, I began to make investments.

The last thing you want to do, unless it's a very unusual situation, is to invest money.

I invest in funds myself even though I run my own fund for my daughters.

I have no complaints about losing money I put in high-risk investments. I did some of that when I had real money; my informed choice, my measured gamble.

I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.

I'm not sure at all that I'm any good at this mentoring/investing business - that's why I'm using my own money, and that's why it's not a career.

I personally have said many times I'd be a hundred percent in equities. That fits my risk profile and my views of the world, though obviously it's not appropriate for everyone. Most investors need a more diversified portfolio.