Investor Losses Quotes

Individual investors beware: If you're constantly worried about a crash, you're probably making some big mistakes - and losing a lot of money in the process.

The collapse of Enron was devastating to tens of thousands of people and shook the public's confidence in corporate America.

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of good business conditions. The purchasers view the good current earnings as equivalent to 'earning power' and assume that prosperity is equivalent to safety.

What transpired at Semgroup was no less than a $500 billion fraud on the people of the world.

Remember, 2000 was the year of the dot-com bust. The telecom industry lost about $2 trillion in market capital at that time.

We must investigate without fear or favour the so-called 'accounting irregularities' that cause turmoil in the markets and wipe billions off the investments of ordinary South Africans.

As alleged, David Hu directed a multimillion-dollar, years-long scheme to defraud investors. Putting profit ahead of his fiduciary duties, Hu allegedly mismarked millions of dollars of loan assets to cover up millions in losses. Hu also created fake entities and loans, and falsified paperwork to deceive auditors and avoid detection.

Bernie Madoff... was regulated up and down and every which way, and it didn't do any good - he ran away with everyone's money.

Now, a lot of people didn't know him at all - it went through feeder funds, so they wouldn't even have known anything about Bernie Madoff. But everybody finds a justification for their behavior, and obviously, Bernie had a half dozen justifications in his own mind.

The big money in booms is always made first by the public - on paper. And it remains on paper.