David Letterman Quotes

I'm a very passive investor.

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

I will never be in the stock market. It's just gambling. I'm a gambler, but I'll gamble on the practicality of things.

I've learned that all investments have risk.

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 had some airline stock, but the airlines tanked. I didn't have a lot of money in them, though.

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.

In any investment, you expect to have fun and make money.

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

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.

Investor confidence in Adani is fairly high, and most of our investors are long-term investors.

I am probably the biggest equity investor in the history of modern Russia.

For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.

When the man who ought to want a stock doesn't want it, why should I want it?

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

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

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

Never underrate the importance of asset allocation.

I once invested in a risky business. Quite a few people warned me not to do so, but I still went ahead and invested the money.

I've definitely sold some Twitter shares. I don't own as many as I used to, because I'm not an idiot, but I own more than I should because I'm an idiot.

Because everybody else was investing in the consumer Internet, I did, too.

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

To put all of your eggs in one basket is silly.

The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.

There is something in people; you might even call it a little bit of a gambling instinct… I tell people investing should be dull. It shouldn't be exciting. Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.