Harry Markowitz Quotes

Always keep your portfolio and your risk at your own individual comfortable sleeping point.

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

Well, there's always risk in long-term investment.

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).

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

The real key to making money in stocks is not to get scared out of them.

Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.

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

Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities.

I'm a very passive investor.

Investing is a business where you can look very silly for a long period of time before you are proven right.

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

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 almost always recommend investors get fully invested, since it's better to put your money to work than to let it simply track the rate of inflation.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

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

Investing should be dull. It shouldn't be exciting.

Regardless of what the future holds, intelligent investment in common stocks offer a solid route for a reasonable return on investment going forward.

Never underrate the importance of asset allocation.

Diversification has been, and balance, like Wellington, has been so drummed into me, it's part of my personality.

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

What I do for a living is so high-risk that I try to make sure my portfolio is as conservative as possible.

Stock market goes up or down, and you can't adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.

There is a close logical connection between the concept of a safety margin and the principle of diversification.

Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won't grow any faster than the rate of inflation.