Risk Tolerance Quotes

Investing requires qualities of temperament way more than it requires qualities of intellect.

When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

No worthwhile life can be lived without risks, despite current American superstitions to the contrary.

The most important quality for an investor is temperament, not intellect.

A price drop in a good stock is only a tragedy if you sell at that price and never buy more. To me, a price drop is an opportunity to load up on bargains from among your worst performers and your laggards that show promise. If you can't convince yourself "When I'm down 25 percent, I'm a buyer" and banish forever the fatal thought "When I'm down 25 percent, I'm a seller," then you'll never make a decent profit in stocks.

I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.

The Berkshire-style investors tend to be less diversified than other people. The academics have done a terrible disservice to intelligent investors by glorifying the idea of diversification. Because I just think the whole concept is literally almost insane. It emphasizes feeling good about not having your investment results depart very much from average investment results. But why would you get on the bandwagon like that if somebody didn't make you with a whip and a gun?

A lot of people with high IQs are terrible investors because they've got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success

Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough about his ability to win on other trades that he can easily walk away from the position.

I'm often asked how I shoulder the responsibility of films, but I've always believed in taking risks.

Everyone has the brain power to make money in stocks. Not everyone has the stomach.

The way to become rich is to put all your eggs in one basket and then watch that basket.

Without risk, there can be no growth.

I've long believed that if you're not embarrassed by your first product release, you've released too late.

Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.

Political leaders will never take risks unless the people push them to take risks.

Starting a business is not for everyone. Starting a business - I'd say, number one is have a high pain threshold.

Risk deters those who see what they could lose. Those focused on the gain see it as a necessary part of their journey, even if the possibility of loss exists.

I don't think the failure of one film means the end of your career.

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

State funds, private equity, venture capital, and institutional lending all have their role in the lifecycle of a high tech startup, but angel capital is crucial for first-time entrepreneurs. Angel investors provide more than just cash; they bring years of expertise as both founders of businesses and as seasoned investors.

I always knew about the risks I was taking. Every year, someone you knew was killed racing. You had to ask yourself, do you enjoy driving these cars so much that you're prepared to take that risk?

I definitely think independent film is very exciting, and you get to sometimes take bigger risks. So that's always a challenge and something that I look forward to.

Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.

Being an entrepreneur is not for the faint of heart. It is a high-risk, high-reward proposition.