Robert J. Shiller Quotes

Prepare for the unknown by studying how others in the past have coped with the unforeseeable and the unpredictable.

We simply have never been able to predict what our next challenge will be.

As cheesy as it sounds, all my eggs were never in just one basket. I had a thousand baskets going on.

I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people.

You cannot prepare enough for anything.

One must not expect anything in these times, but be ready for everything.

You don't know what's going to happen in our business a year from now... so you have to be flexible and adaptable, and that's what we try to do.

Every competition is different... You can't plan for everything that happens.

Changing an opponent shouldn't be a problem. It sucks to spend a lot of time preparing for someone and then it changes up, but it's boxing. That happens in boxing and you have to accept that.

I always say expect the unexpected!

The thrill of not knowing what's going to happen, trained me to be prepared for anything.

Provoke the unexpected. Expect it.

You always got to be prepared but you never know for what.

When you don't know what to expect, prepare for the unexpected.

One cannot plan for the unexpected.

If there's one thing that's certain in business, it's uncertainty.

Expect the best, plan for the worst, and prepare to be surprised.

It doesn't always happen according to the way you have planned things out but I feel if you have covered most of the aspects, it does help out there in the middle.

I'm always trying to do as many different things as I can, just so when one is not doing so hot, maybe the other is still there.

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

It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

You can never plan the future by the past.

We aren't going to let our first investment be the best.

I mean if you put all of your eggs in one basket, boy, and that thing blows up you've got a real problem.

I learned two basic lessons on Everest. First, just because something has worked in the past does not mean it will work today. Second, different challenges require different mindsets.