Donald Trump Quotes

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.

The best thing in business is to follow your gut. If a decision is not sitting well with you, don't just make it.

He who leaves nothing to chance will do few things poorly, but he will do few things.

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.

It's one of the most important things at the end of the day, being able to say no to an investment.

I love reading Warren Buffett's letters, and I love contrasting his words with his actions. He's a very wise guy.

I haven't been as wild with my money as somebody like me might have been. I've been very safe, very conservative with investments. I don't blow money. I don't have a ton of houses. I know things can go away. I've already had that experience.

When it comes to the ratings, I don't know what the rating system is. So when it comes to me, I've learned, with the little experience that I have, that when I feel really good about a movie in the editing room, it works. And when I've felt like a movie wasn't working, it didn't work.

It is the part of the wise man ... not even to venture all his eggs in one basket.

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.

Money can make money if you're intelligent about it and don't waste it the wrong way.

The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.

One of the most helpful things that any body can learn is to give up trying to catch the last eighth - or the first. These two are the most expensive eighths in the world.

...wisdom is in large part the knowledge of how to avoid doing dumb things, and thus grows globally as a function of the published inventory of stupid mistakes.

A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business

Experience taught me to listen to your gut, no matter how good something sounds on paper.

Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.

It is a common observation that any fool can get money; but they are not wise that think so.

An investor needs to do very few things right as long as he or she avoids big mistakes.

Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?

That's the sad thing about it, is that you don't know. And you certainly don't know when you quickly meet somebody. But even as you know somebody longer, it's really hard to know. Obviously you go on your gut feeling but that can be wrong too. ANd it's terrible to have to be wary about people, because it is not my nature, but I've been burned a few times and you just have to careful.

Patience in Market, is worth Pounds in a year.

You don't have to have perfect wisdom to get very rich - just a bit better than average over a long period of time.

If you're going to be an investor, you're going to make some investments where you don't have all the experience you need. But if you keep trying to get a little better over time, you'll start to make investments that are virtually certain to have a good outcome. The keys are discipline, hard work, and practice. It's like playing golf - you have to work on it.

Speculation leads you the wrong way. It allows you to put your emotions first, whereas investment gets emotions out of the picture.