Tim Sweeney Quotes

There was never any danger of Business 2.0 ever going under.

Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult.

The Wall Street crash doesn't mean that there will be any general or serious business depression... For six years American business has been diverting a substantial part of its attention, its energies and its resources on the speculative game... Now that irrelevant, alien and hazardous adventure is over. Business has come home again, back to its job, providentially unscathed, sound in wind and limb, financially stronger than ever before.

We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly.

The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.

Good businesses will survive good times and bad times.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

When families save, they can get through emergencies like a bad harvest or a medical emergency. But it's more than that. They can also plan for the future, gradually saving up for a small business or for their children's school tuition.

I don't think objectively we are in a tech bubble when tech stocks are at a 30 year low.

You have no control over the market. You can't predict where it will go, and you can't bring it back from the depths. What you can do is save more. Make sure you have cash on hand - an emergency fund of at least six months of expenses.

Where people are now in terms of the economic crisis, they're looking at what we think is the bottom, and I think that's when people look to film and to spirituality.

The purpose is clear. It is safety with solvency. The country is entitled to both.

You cannot exist as a $20 billion company with speculation.

In my view, Asian countries have learnt the lessons from the past and significantly enhanced their capabilities to fend off risks.

Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system.

I'm a hard-nosed businessman, that if a company is paying its way, increasing profits for thirty-odd consecutive years, you don't put it into receivership.

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.

The main thing during a crisis is discipline, to begin investing in time again after the crisis subsides.

I don’t care a damn about stocks and bonds, but I don’t want to see them go down the first day I am President.

All the merchants may break, but the Bank of the United States will not break.

Not having a country with a financial crisis in the year is a pretty big deal to me. But something that didn’t happen is not something that people will focus on.

it is easier … to stave off adversity than to preserve prosperity.

Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on vigorously and usefully if they could weather a particular storm.

Economic freedom is a highly desirable state -- but in bust and boom we must be prepared to face the its consequences.

Our focus is not on exit. In fact if you talk to any of my entrepreneurs, I'm generally saying, 'Don't sell the company,' when other investors want to sell. I'd much rather focus on building long-term value in building companies rather than worrying about exits.