Joe Lonsdale Quotes

There is much more good gained from having a fully functioning financial market than there ever is not having that.

Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose.

Some argue shareholder capitalism has proven more efficient. It has moved economic resources to where they're most productive, and thereby enabled the economy to grow faster.

Capital is that part of wealth which is devoted to obtaining further wealth.

The thing about markets, and I think the thing people don't understand about that, is markets are not kind, but they're very efficient. So when the marketplace determines an inefficiency in the system, it corrects that, and a market system that's left alone will reward good behavior and punish bad behavior.

Your normal Wall Street big-swinging Richard has enough of a lingering moral compass to at least tell himself that his wizardry benefits somebody or something besides himself. You know, his cleverness makes capital markets more efficient. It provides credit to productive enterprise. Whatever.

I started a business with two guys I played with, Ronnie Lott and Harris Barton: Champion Ventures, it's a fund of funds. We have $400 million or so under management.

You know, capital isn't patriotic. Capital goes to where it needs to go to get a return.

I think good private equity investors create a lot more economic value than they destroy.

The role of private equity as fiduciaries is certainly to make money.

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

Gambling is entertainment... Financial markets, what one often refers to as speculation, is really the force by which we move capital to the best and highest use.

It's not hard to generate a paper fortune in a huge inflation. All you have to do is own the most important economic assets: energy, communication, and transportation.

If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.

What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is a middle man - someone who is here to match people who need capital with people who have capital - and not position ourselves at the center of that by taking big positions on a trading stance.

As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production.

I never lost money by turning a profit.

Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.

Leave no stone unturned to help your clients realize maximum profits from their investment.

I know how to make stuff happen, how to create wealth, create jobs, create investment.

I believe that the Chinese people as a whole love to make investments in real estate.

All I'm trying to do is manage money and take care of my shareholders.

We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.

I could probably make more money if I did more commercial projects.

Once America's CEOs get back to the business of growing their companies rather than growing their share prices, shareholder value will take care of itself, and all Americans will share in the higher wages and other benefits of a renewed era of economic growth.