Dee Hock Quotes

Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.

We make a series of investments, some will pan out and some won't.

Business, more than any other occupation, is a continual dealing with the future; it is a continual calculation, an instinctive exercise in foresight.

I'd stay away from investments in a variety of sectors that are capital intensive. Anyone who says we need $100 million before we know if what we're doing makes sense and the customers want it - that's not going to work.

I consider each business investment based on concept and revenue.

You don't make spending decisions, investment decisions, hiring decisions, or whether-you're-going-to-look-for-a-job decisions when you don't know what's going to happen.

With poker, you have a resolution of the hand within a couple of minutes. Whereas, even if the thought process in investing is very much the same, you're looking at an outcome that could be 2, 3, 4, 5 years from when you make the original decision. And the mindset related to that is very different.

Trust me: I know a good investment when I see one.

Good decisions can have bad short-term outcomes but be great for the business long-term.

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.

Promoting a stock is like making a movie. You've got to have stars, props, and a good script.

Even though I'm a hype man myself, I like the practicality of it all. People who understand how to turn a profit. At the end of the day, this is still business so I'm looking for real practical knowledge of how to actually make money, not necessarily raise it.

Money management has been a profession involving a lot of fakery - people saying they can beat the market, and they really can't.

A speculator is a man who observes the future, and acts before it occurs.

Leave no stone unturned to help your clients realize maximum profits from their investment.

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

I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

You make the right decision for the long run. You manage for the long run, and you continue to move to higher value. That's what I think my job is.

In any business opportunity, you'd be looking, probably, primarily at the risk and return. Some business can be very risky with a low return; what you want is the lowest risk with the biggest return.

I have invested in the stock market since I was very young.

An investment in knowledge pays the best interest.

My label in Toronto was 'Stand Pat' and I think that was a fair assessment. I tried to be patient, but if a trade came along - big or small - that I thought should be made, I would make it.

I believe in the future, and to be a good investor, you have to believe in the future.

As I've said, in 2007, we're free to go and we'll just have to do what's best for the business.