Robert Herjavec Quotes

I've learned that all investments have risk.

Trust me: I know a good investment when I see one.

Even with a margin of safety in the investor's favor, an individual security may work out badly. For the margin guarantees only that he has a better chance for profit than for loss - not that loss is impossible. But as the number of such commitments is increased the more certain does it become that the aggregate of the profits will exceed the aggregate of the losses.

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

The key, of course, is to stay away from the losing years.

I am very conservative. I don't invest in anything that is risky. If someone comes to me with a project idea, I let them risk their money, not mine.

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

Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

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

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.

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

I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.

I can't invest in areas of comfort.

In some industries, we refer to risk taking as 'research and development.' At financial institutions, we often take risk by investing in securities.

One of the rules I've learned is that struggling to try and think your way into making an investment is usually the best way to not have a great outcome.

Well, there's always risk in long-term investment.

There's no such thing as wealth without risk.

The reality is, risk is variable. Those in the financial world know it.

One should never risk one's whole fortune unless supported by one's entire forces.

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

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.

Investment must be rational; if you can't understand it, don't do it.

We're getting hurt, but I'm a long-term investor.

I have yet to take capital losses on any company. Then again, it's still early.

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