The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more conventional investors. We disagree. We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it.
We welcome Chinese investment in the United States with open arms.
In Africa today, we recognise that trade and investment, and not aid, are pillars of development.
To suppose that safety-first consists in having a small gamble in a large number of different companies where I have no information to reach a good judgment, as compared with a substantial stake in a company where one's information is adequate, strikes me as a travesty of investment policy.
I plan to eliminate the equity cap in investment, and I also plan large-scale deregulation to meet global standards.
Every time the U.S. government makes a low-cost loan to someone, it's investing in them.
... Any pension fund manager who doesn't have the vast majority-and I mean 70% or 80% of his or her portfolio-in passive investments is guilty of malfeasance, nonfeasance or some other kind of bad feasance!
I plan to open Mexico's energy sector to national and foreign private investment.
The purpose of this book is to supply, in the form suitable for laymen, guidance in the adoption and execution of an investment policy.
We're spending, on average, three times more for prison than for public-school pupils. That's the dumbest investment policy. It doesn't make us safer.
A smart policy should be one that tends to receive the capitals, pays the price for that capital - which is the interest - returns the capital and in the end the factories, the industries, are left to remain in the country.
