Alan Patricof Quotes

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

When it comes to money, the best investments were probably the ones I did not make.

I am not criticizing investing in the stock market; I am an investor.

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

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

Everyone in this room is making investments in oil companies through taxes. Everyone in this room is investing money in hedge funds. They don’t need that money. We need to make the right investments.

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

There's no such thing as wealth without risk.

Never invest in anything that eats or needs painting.

Even from the very beginning, I didn't put any money in the stock market.

Our balance sheet provides us with the ability to act on investment opportunities in appropriate areas that diversify and broaden our portfolio, including the gas and energy sector.

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.

First I opened a check account. I looked at the - I looked that there was nothing of yield. So I bought some bonds. It was a bond. When I bought this bond, it was duplicated in 10 years. I think it was 10 percent.

I'm primarily just an investor.

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

One of our big challenges with the newsletter is that everyone thinks big stocks are safe. That's not true at all. They're only safe if the money is flowing there.

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

I really did believe that the most successful investments were the ones that you could own for the long run.

I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.

Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.

Like everybody, I have invested in things that have gone bad, because there's never any guarantee of success or profit when it comes to money.

My wheels are running. My investments are local, regional and international.

I had accumulated some capital and was at an age at which I was interested in generating income. But even though I was risk averse, I was interested in growth stocks.

Stocks change. Industries change. But the underlying reasons certain stocks are good investments remain the same. Only the fullness of time reveals which are the most sound.

One of the problems with hedge funds is that they are changing so rapidly. If you have the balance sheet that closed business last night, by 11 A.M. this morning, that won't tell you very much about what they're doing.