Arthur Levitt Quotes

Too many people say to their brokers, I can't deal with this. Take my money. Do what you want. That's the worst attitude you can have.

When it comes to investments, I have to go to someone else to understand them, but then I have to make a judgment. I can't do that if I don't have a basic understanding myself.

If you don't trust someone to look after your investments, then they shouldn't be doing the job for you.

Sometimes your best investments are the ones you don't make.

The Interros strategy toward various assets generally depends on the stage of their development and level of their maturity.

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

It's one of the most important things at the end of the day, being able to say no to an investment.

It's fine to seek professional help, but I urge everyone - no matter how big their portfolio - to truly understand every suggestion they're given before acting.

People want to make sure there is flexibility to reallocate assets. They are trusting us to make the asset allocation decisions.

I'm a pretty disciplined investor and pretty disciplined buyer. I do my due diligence. I do my homework. I don't waste money.

My investment advice is rooted in my understanding of economics.

The best investments are the easiest ones to approve.

I don't think you should put all your money in one place. It must be invested in different investments.

If the fluctuations in your investment portfolio are reduced, the impact of emotions and behavior on your account is also reduced.

Well, the most important thing in investing is to know what you're investing in, and if you're confident in the outcome, it's important to stay true to your position.

Always keep your portfolio and your risk at your own individual comfortable sleeping point.

The first thing you've got to remember is that it's your clients' money you're spending.

I don't take investment advice from wealth managers. I have grown several businesses from scratch and amassed many millions from my publishing empire - why would I take advice from someone who has never experienced that?

Wide diversification is only required when investors do not understand what they are doing.

We don't manage money for anyone else. We bear responsibility only for our own risks.

Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes?

The thing to do with mutual funds is to buy a couple of decent ones, set up an investment plan and then never, ever think about them again, except maybe once a quarter or so when you take a peek at your statements to make sure that you have not accidentally been buying the Fidelity Peace-in-the-Middle-East fund.

It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

Shareholders need to have a real interest in the companies they own. Too many are simply too busy - they are asleep at the wheel.

Anything that gets people to think harder about their financial security and take some responsibility is a good thing.