Ted Waitt Quotes

Money without brains is always dangerous.

If my businesses or my investments are not profitable, then I don't eat. And I like to eat.

It is madness to make fortune the mistress of events, because by herself she is nothing and is ruled by prudence.

I have some assets that over time will be worth something. I've been in the process of selling others.

No matter how much money you have, you can lose it.

My private financial situation is such that I don't need to worry about my investments. I don't have much to invest.

No Man is richer for having his Estate all in Money, Plate, etc. lying by him, but on the contrary, he is for that reason the poorer.

If you're not staying on top of your money, you are putting your financial well-being at risk.

Efficient spending and saving will give the family more security, more opportunities, more education, and a higher standard of living.

Make sure to save for the future and keep making money!

I've seen people be effective, even among local teams, by offering something that improves wellbeing in a small way - people who get passionate about smart investment strategies and managing finances for retirement, for example.

It's always weird when people approach me to make an investment. I tell them, 'I don't need any more money. I'm good.' Then I wait for their expression. That part is entertaining, because people look at you like you're crazy when you say you don't need any more money. Who says that?

Of all the artists on Death Row, none of them went bankrupt.

I made a comfortable living for several years. I invested, and I protected myself, so I enjoy that freedom.

One day we are a hero, another day we are a zero. Without me, Cardiff would have gone bust. Because of my investment, we got promoted.

I have been rich, and I have been broke. Some of it is my fault for choosing bad management and making bad investments. But that is life - we all take risks.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

The kind of money that show business will pay you, unless you need to have shoes made of diamonds, you can actually put it in the bank and sort of be okay.

I can't invest in areas of comfort.

First, you should take money and have plenty of money fueling your tank. But money becomes dangerous if you assume it's going to keep coming. Make sure you can get your burn rate to a sustainable level if you hit the brakes hard, within 90 days.

If you only take money in the bank and never put money in the bank, you'll go broke.

Some companies are worth paying for up front.

The first thing you need in order to make a business viable is to preserve a cash flow. I made sure I didn't have any financial backing or support.

Money has no feelings.

By the time I feed my family, I have maybe $400,000 left over.