Daymond John Quotes

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

Too many people say to their brokers, I can't deal with this. Take my money. Do what you want. That's the worst attitude you can have.

I have no complaints about losing money I put in high-risk investments. I did some of that when I had real money; my informed choice, my measured gamble.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.

I don't have any blindness when it comes to my money. As an actor, you can get distracted by your work. I do keep an eye on my nest egg, if you will.

I have only ever borrowed money for investment. I have been sound money all my life.

I'm a pretty disciplined investor and pretty disciplined buyer. I do my due diligence. I do my homework. I don't waste money.

I don't really like hedging. To me, if something needs to be hedged, you shouldn't have a position in it.

No one in his right mind would walk into the cockpit of an airplane and try to fly it, or into an operating theater and open a belly. And yet they think nothing of managing their retirement assets. I've done all three, and I'm here to tell you that managing money is, in its most critical elements even more demanding than the first two.

Owning stocks is like having children - don't get involved with more than you can handle.

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 called my business manager in California and said, 'Sell all of my stock' - what little of it I had - and it's the only smart financial move I ever made.

Always keep your portfolio and your risk at your own individual comfortable sleeping point.

The starting point of my career in money management in 1973-74 was the time of the only true bear market any living non-Japanese investor has seen in major markets. Equities, real estate, you name it, everyone got run over.

The first thing you've got to remember is that it's your clients' money you're spending.

I know where I'm putting my money.

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

I have plenty of investments that I wish I'd never made. But the model is to lose money on a lot of investments and then make 1,000X or 10,000X on an investment.

Nobody ever lost money taking a profit.

Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes?

Many businesses fail because the owner wasn't willing to invest and wasn't educated on the difference between spending money frivolously and investing money into the business for growth, and the risks and rewards of that cash infusion.

In tennis, you strike a ball just after the rebound for the fastest return. It's the same with investment.

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

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.