Redfoo Quotes

One way to mitigate our risk is to invest in companies with understandable business models.

In my day job, I worry non-stop about making wise investments for long-term gains.

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

We want to be a secure investment, a little bit like a bond.

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

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.

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

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

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

I called my business manager in California and said, 'Sell all of my stock' - what little of it I had - and it's the only smart financial move I ever made.

I know where I'm putting my money.

I have too much money invested in sweaters.

I like not to feel that all my eggs are in one basket, or I get nervous.

I create offbeat advice; I don't follow it. I rarely take third-party advice on my investments.

Asset managers have different approaches, and I don't wish to suggest there is only one way to run money. There are many ways one can attempt to reduce risk, improve performance, lower drawdowns and reduce volatility.

We make a series of investments, some will pan out and some won't.

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

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.

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

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

My philosophy is that if I have any money I invest it in new ventures and not have it sitting around.

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.

Because in the New Normal you are more worried about the return of your capital, not return on your capital.

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.