Bethany McLean Quotes

When Warren Buffett says the sun shines out of somebody's backside, it's worth paying attention.

Over the time that I followed Warren Buffett, one CFO told me, it's very important to pay attention not only to what Warren Buffett says and what he actually does - often there are subtle differences between the two.

We absolutely take no decisions based on the share price, not for LVMH.

I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.

I had Dell for four and a half years, and its sales are still phenomenal, but their operating margins started to contract, so I sold it in early 1999. There's nothing wrong with Dell! It's a fine company. It's just the business risk they took.

I'm real. I believe what I'm saying. If Motel 6 wasn't the type of operation they say it is - and I stay at them when I travel - I wouldn't do their commercials. That comes through on the radio, and that's what it's all about.

It's hard to overestimate how much the perception of the quality of the V.C. firm you're with matters - the signal it sends to other V.C.s, to potential employees, to customers, to the tech press. It's like where you went to college.

One has to divide Warren Buffet into different periods. There is a continuously evolving style of Warren Buffett.

If you think too-big-to-fail banks are not worthy of investment because of their impossible-to-read balance sheets, well then, don't buy them.

I don't think you should give away your name and face to something you don't believe 100-percent in.

The day I was announced as CEO, I think the stock dropped another 20%.

If that suffers in its credit, the Cause must suffer. If that fails, the Cause must fail.

We do benefit from the fact that once we say we're going to do it, people believe we can do it, because we have the resources. Google helps in that way: There aren't many funding mechanisms like that.

Warren Buffett is famous for talking about the 'intrinsic value' of stocks. But while many people parrot this phrase, few know what it really means.

Who cares if companies are overvalued or not?

I'm going to reveal the grand secret to getting rich by investing. It's a simple formula that has worked for Warren Buffett, Carl Icahn and all the greatest investment gurus over the years. Ready? Buy low, sell high.

The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is likely to generate over the next several years. Based on the cash flow and asset assessment, they can then arrive at their expected rate of return if they bought a fraction of that business at a given price.

We definitely stand behind Theranos in the sense of, we are an investor, and we want them to succeed.

The usual reason companies are funded or valued on the stock market for not having a current profit is because the investors believe there will be a future profit.

I have proved myself as a complete package, so people can be more confident about investing in me, and I do expect a little more trust from the industry members.

We like to say we pray in the church of Graham, Dodd, Buffett, and Munger.

Provided someone can persuade me, I will invest in anything.

If I ever took a business public, I wouldn't want to take the shares off the table. I don't want people thinking I'm doing it just to make money and then going to run for the hills. I think that's a very important distinction.

When I put my credibility behind someone, or anything - even if it's a product - to me, it has to help people.

I love the Knicks and Rangers, right, but you still have a responsibility to your shareholders. They're not there because they're fans. You don't invest hundreds of millions of dollars in a stock because you're a fan. You do it because you think that the business is going to increase in value, that the stock price is going to go up.