Joe E. Lewis Quotes

Solvency is entirely a matter of temperament and not of income.

It's all very well to have principles, but when it comes to money you have to be flexible.

Patience, time and money accommodate all things.

Most people consider me an optimist because I laughingly state that I would take my last two dollars and buy a money belt.

Frankly, I guess, I don't really understand why people, why so many people, are so risk averse. You know, there's always ways to wiggle your way out of any situation if you're motivated enough.

I might make an investment and lose some money, but that's something I can recover from.

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

I have always said that after sport, I wanted a life, I wanted an opportunity, I wanted to be able to do something. And if something happens - the economy falls out or the dollar is worthless, anything could happen - you have to be ready to work. And I'm ready.

When surroundings change, we should also change how we make money.

You can survive your income falling if it's not dramatic. Your income can decrease for a long time before you start living beyond your means.

If something sounds good, and I get a good feeling about it, I'll take it, irrespective of the fee being offered to me.

If you will be a traveler, have always two bags very full. That is one of patience and another of money.

It's easier for me to get three times the amount of money I really want.

If you think nobody cares if you're alive, try missing a couple of car payments.

If you think nobody cares about you, try missing a couple of payments.

Alarm in hard times makes one live; indulgence in comfort makes one die.

The real strength of the American economy is its extreme flexibility.

People look for an edge in an uncertain world.

It does not matter how frequently something succeeds if failure is too costly to bear.

It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth.

In markets, there are times when you are looking for what makes sense. At other times, you are looking for what you can do that is sensible versus constraints and uncertainties.

The future is always coming up with surprises for us, and the best way to insulate yourself from these surprises is to diversify.

The best traders are not right more than they are wrong. They are quick adjusters. They are better at getting right when they are wrong.

I don't have a mortgage or kids, so I can lie low and tighten my belt if I need to.

The way deals are done, every idea is looked at 50 different ways. Now, the market continues to change all the time. And we are always looking at everything in evaluating how it fits with our strategy.