Tilman J. Fertitta Quotes

I'm not interested in owning a bunch of driveways.

I still think buying a home is the best investment any individual can make.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

I have some assets that over time will be worth something. I've been in the process of selling others.

I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses - each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.

When it comes to portfolios, my personal advice is for anyone who can, put money into forestry or farmland. Long term, you would probably never come near their returns in the stock market. In the world that I see, land is golden.

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

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

What do wealthy people do with their money? They can only buy so many cars, houses, and steak dinners. So we either give it away or invest it.

I invest in things for the long term and have a long horizon and the flexibility.

I'm a wealth creator. I'm not interested in saving in the least. While I do spend a lot, I don't spend money like other billionaires. I'm probably quite unusual, albeit I do have some of the significant trappings. But I always try to make my assets work for a living.

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

Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.

It's always weird when people approach me to make an investment. I tell them, 'I don't need any more money. I'm good.' Then I wait for their expression. That part is entertaining, because people look at you like you're crazy when you say you don't need any more money. Who says that?

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.

Investing is for wealth preservation, not wealth creation, so first you have to make wealth.

In 1997, in Rich Dad, Poor Dad, I stated, 'Your home is not an asset.' Real estate agents sent me hate mail.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

I'm making my money make money.

You have to invest the money in a certain thing, because, you know, at 40, I want to enjoy my life. So I do a lot of investments. Apartments back in Russia and New York. It's a good thing to do.

Don't focus on weekly or monthly returns.

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

Floyd has showed me that he's set up with real estate, businesses, and investments.

I'm going to stash up my cash and invest in real estate. I want to be set up for the end of fighting.

I already have a second career, running a property investment business with a friend.