Mark Billingham Quotes

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

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

The starting point of my career in money management in 1973-74 was the time of the only true bear market any living non-Japanese investor has seen in major markets. Equities, real estate, you name it, everyone got run over.

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

A financial crisis is a great time for professional investors and a horrible time for average ones.

I invested in many companies, and I'm happy this one worked. This is capitalism. You invest in stock, it goes up, it goes down. You know, if you don't like capitalism, you don't like making money with stock, move to Cuba or China.

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

You have a class of investors and you have a class of speculators. The speculators historically haven't been big enough to cause the investors to doubt the long-term vision of stock.

In troubled times the last thing you want to do is to stick your money into a film. It's such a gamble.

If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

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.

The institutional investor remains the bigger influence on individual trades simply because the institutional investor has more money to support the order and that will have more of an impact on the stock.

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.

I don't think anybody ever makes any money buying and selling stock. They have to make money by keeping the stock.

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

Never give anyone the advice to buy or sell shares, because the most benevolent price of advice can turn out badly.

People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders.

Jazz musicians don't make any money, so I might as well make some on the market. I pick my own stocks - Microsoft, Dell - the tech stocks, the breadwinners.

Unfortunately, slow and steady in any financial market is actually impossible.

If I've learned anything as an economic analyst, it is that the stock market and economic winds can shift by the hour.

More money is lost anticipating the changes in the overall stock market than any other way of investing.

I knew a guy who had $5 million and owned his house free and clear. But he wanted to make a bit more money to support his spending, so at the peak of the internet bubble he was selling puts on internet stocks. He lost all of his money and his house and now works in a restaurant. It's not a smart thing for the country to legalize gambling [in the stock market] and make it very accessible.

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.