Rabih Alameddine Quotes

I try not to get involved in the business of prediction. It's a quick way to look like an idiot.

So, regarding the time frame, I'm only too willing to admit that my crystal ball, like everybody else's, is cracked. If I could predict precisely, I would have started predicting the stock market and would now be living with a bunch of young women on Bora Bora, having bought it.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

You mustn't take what I say as gospel because no one can second-guess the future.

Predicting the market is always tough.

He who lives by the crystal ball will eat shattered glass.

You can predict all you want, but everybody knows what predictions get you.

Betting on the success of innovative technologies in the marketplace can carry all the uncertainty and risk that betting on the next card in the deck does at a blackjack table in Las Vegas. There is a factor of randomness that must be factored in, but precisely how to do so is anyone's guess.

It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.

Forecasting will always be somewhat of a coin toss.

Predictions are a mug's game.

It's always dangerous quoting numbers and expectations.

If we all had crystal balls, we'd all know which horse to back, wouldn't we?

It is absurd to think that the general public can ever make money out of market forecasts.

You can invest with less risk and make more money in the stock market. All you have to do is not be an average investor. Intelligence is the ability to make finer distinctions.

If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what's going to happen to the stock market.

One of the things that I think we have learned is that we should all be very careful about making predictions about the future.

Being too early is indistinguishable from being wrong.

In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.

Wall Street is where prophets tell us what will happen and profits tell us what did happen.

The game of investing is one of making better predictions about the future than other people. How are you going to do that? One way is to limit your tries to areas of competence. If you try to predict the future of everything, you attempt too much.

I would die happy if I knew that on my tombstone could be written these words, "This man was an absolute fool. None of the disastrous things that he reluctantly predicted ever came to pass!"

When it comes to fund managers and market strategists, this year's hero usually turns into next year's zero.

I never try to make any far-reaching predictions, so much can happen that it simply only makes you look stupid a few years later.