Mohamed El-Erian Quotes

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

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

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.

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

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

Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes?

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.

In the investment business, you must expect to be wrong.

I don't really like hedging. To me, if something needs to be hedged, you shouldn't have a position in it.

Investing should be dull. It shouldn't be exciting.

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

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.

Never put your savings in risky investments. Only disposable income should find its way there.

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

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).

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

What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced.

I'm a very passive investor.

But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago.

Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.

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

Investors have few spare tires left. Think of the image of a car on a bumpy road to an uncertain destination that has already used up its spare tire. The cash reserves of people have been eaten up by the recent market volatility.

The government can’t guarantee that you should earn profit from your investments.

People are very focused on value and preservation of capital. They're a lot less risk-prone than they used to be.

The kind of investors we seek are long term because that's how we make our decisions.