Dan Gilbert Quotes

I like to invest in companies where I can really add value from my experience, network, etc., so checking out my portfolio of other investments, and my background, will generally give some guidance there.

The disciplined approach to pursuing and selecting the most attractive investment opportunities continues to distinguish ExxonMobil. We are long-term driven, and we're patient. And we're not opportunity-constrained.

Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't.

I have plenty of investments that I wish I'd never made. But the model is to lose money on a lot of investments and then make 1,000X or 10,000X on an investment.

Both cheap value stocks and more glamorous growth stocks can work well in a portfolio - if done right.

Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.

In tennis, you strike a ball just after the rebound for the fastest return. It's the same with investment.

Investing is a business where you can look very silly for a long period of time before you are proven right.

When buying shares, ask yourself, would you buy the whole company?

I'm going to retain a lot of Microsoft's stock.

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.

A startup job is an investment, after all: Venture capitalists may wager money, but you're staking something more precious - your time. And unlike VCs, you can't spread your risk by betting on a bunch of companies at once. Start with TAM. That's 'total addressable market,' and if it's not big enough, there's no point in talking.

Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.

Zeroing in on the best sectors or the best regions of the world is great, but zeroing in on the very best individual stocks is the key to making truly impressive profits.

Investors who find the best businesses to put their money behind are rewarded for their research.

I have yet to take capital losses on any company. Then again, it's still early.

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.

The overwhelming majority of my rated wealth consists of investments in companies that produce goods and services.

Every time we make an investment decision at FedEx, we ask ourselves: 'What is the return on this investment?'

Our goal is not to produce immediate results. We've been tasked with producing long-term results. That means that there's more risk in any individual thing we take on. But we still aspire to a strong return on investment.

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 found an approach to investing that made enormous sense to me: rigorously analyzing a company's fundamentals, understanding exactly how it makes money, developing a view on the business's future prospects, and deciding if it's a good business.

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

I don't particularly like equities, but I think equities are a better space to be in than bonds.

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.