Al-Waleed bin Talal Quotes

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

Because in the New Normal you are more worried about the return of your capital, not return on your capital.

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

Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.

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).

Owning equities is an essential part of anyone's portfolio. You just can't ignore it over time. It's going to add the real pop to anyone's overall performance.

The investor of today does not profit from yesterday's growth.

Whenever you hear a discussion about the short-term swings in any given stock's price, your immediate thought should be whether it matters to why you are investing.

But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago.

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.

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.

It doesn't help to follow every rise and fall of your portfolio. It's better to tune out the day-to-day shifts, in fact. But getting a handle on the larger picture will make you feel more secure, and that goes a long way in calming your fear.

In the investment business, you must expect to be wrong.

The kind of investors we seek are long term because that's how we make our decisions.

Investing should be dull. It shouldn't be exciting.

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 seek individual investments that will allow me to target total portfolio returns of at least 20% annually after fees and expenses on an annual basis over a period of years, not months.

The best way I know to get rich long-term is to invest prudently and conservatively and not try and get rich quick but try and get rich slowly, basically.

I've usually used the phrase 'stay the course' as one of the great rules of investment success.

Never put your savings in risky investments. Only disposable income should find its way there.

I spend about half of my time wondering why I have so much in stocks and about half wondering why I have so little.

Always invest for the long term.

Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.

Whatever money you may need for the next five years, please take it out of the stock market right now, this week.

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.