Jens Nordvig Quotes

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

Investors don't like uncertainty.

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.

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

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.

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

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.

I don't really like hedging. To me, if something needs to be hedged, you shouldn't have a position in it.

Well, there's always risk in long-term investment.

Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.

Of course if you happen to time the market really well, you can make more money with some of these smaller companies, but for someone with no exposure I wouldn't want to take the risk that they timed it wrong.

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.

It's the investor who is risky, not the investment.

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).

Investors need to get rewarded for their investment, especially in unstable countries.

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

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 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.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

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.

I'm a very passive investor.

Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

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

What's so seductive about the efficient markets hypothesis is that it applies nine years out of ten. A lot of the time it works. But when it stops working, you blow up.

What I invest in, while not risky for me, may be too risky for most people.