John Carmack Quotes

You can't ignore mobile. We are doing a lot of stuff in the game space, mostly nonconsole stuff, and those are primarily mobile/pad games.

When you're a younger company, you struggle, struggle, struggle with, 'How are we going to pay the bills, and how are we going to hire people, and how are we going to get a bigger office?' Just managing the company is so hard.

My first company, Pure Software, was exciting and innovative in the first few years and bureaucratic and painful in the last few before it got acquired. The problem was we tried to systemize everything and set up perfect procedures.

Other men have created FTSE 100 companies. But I believe no man has done this in his lifetime without acquisition or borrowing. My one regret is handing over the reigns.

I've always said - I've been making games for twenty years, and from the first day I got in this business, I've been saying, 'All I have to do is sell one more copy than I have to, to get somebody to fund my next one.'

But what we're determined to do, and what the reforms will do is to make sure this system goes back to its core purpose of taking the savings of Americans and from investors around the world and allocating those to people with an idea, not just the largest companies in the country, but to small businesses with an idea and a plan for growing.

The video game industry traditionally has been a very male-dominated field. You know, with the advent of the iPhone, the number of women gamers exploded.

Start step by step. I didn't start being a big company in the beginning. You go to the bank for loans when nobody knows about you.

Even with a margin of safety in the investor's favor, an individual security may work out badly. For the margin guarantees only that he has a better chance for profit than for loss - not that loss is impossible. But as the number of such commitments is increased the more certain does it become that the aggregate of the profits will exceed the aggregate of the losses.

I'm not so much interested in the return ON my money as I am in the return OF my money.

Don't put all your eggs in one basket.

You know, a man's life is the most precious thing in the world, isn't it? So isn't it odd that a man will insure everything but his life?

My basic advise is don't lose money

By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.

I've been on a plane before with more money in jewelry than my life insurance policy, and it's one of the scariest feelings in the world... if you lose it, you have to pay for it yourself, and you don't even get to keep it!

Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast.

I think it helps to get a film made because people who put money in are nervous. They like to have something recognisable enough to make them secure that there's a pattern there - that someone else put their money into something like this and made it back.

There are black companies that are very active in the economy, that are growing and not on the basis of mergers and acquisitions, but because of putting new money into their particular companies and, therefore, their particular sectors. Indeed, if they didn't do that, they would collapse as companies.

What can you do in order to save your own banks?

Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.

The liabilities are always 100 percent good. It's the assets you have to worry about.

As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety.

If you've got $25,000, $50,000, $100,000, you're better off paying off any debt you have because that's a guaranteed return.

Never depend on single income. Make investment to create a second source.

Financial security and independence are like a three-legged stool resting on savings, insurance and investments