Tyler Winklevoss Quotes

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).

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

One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.

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.

Our system is dynamic, always shifting gears. What I do is I build models to beat the market.

I am very conservative. I don't invest in anything that is risky. If someone comes to me with a project idea, I let them risk their money, not mine.

Never, ever invest money that you will need prior to three to five years - minimum.

The real key to making money in stocks is not to get scared out of them.

Be realistic and truthful - and tell Hong Kong businessmen honestly that they should go for long-term investments since it is unlikely money can be made in the short haul.

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

I'm a very passive investor.

If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked.

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

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.

The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you.

There is always risk involved. You can't be a capitalist only when there are investment profits but then a socialist when you experience losses.

The markets were run by mathematicians and their models but they had no business sense.

I've learned that all investments have risk.

Whatever you do needs to be sustainable over time, and taking the money in the short term and taking it in a bubble - like buying an Internet stock in 2000 - may not be sustainable.

If you live in the digital economy, you have to be careful to have your investment thesis squarely bolted into your reality.

One can't be a successful investor without a healthy dose of confidence. To commit your own and others' hard-earned capital requires conviction, and conviction requires confidence. But as with fine brandy or coffee ice cream, too much of a good thing can be problematic.

I'm not looking to double my money with one golden opportunity.

What I do for a living is so high-risk that I try to make sure my portfolio is as conservative as possible.

I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.