Tim Ferriss Quotes

Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.

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

I've been investing in the stock market for 27 years and, within that time, have helped investors beat the market nearly four to one.

Investing in a poker game and investing in stocks, at least the way I do it, it's a very similar skillset.

One of the rules I've learned is that struggling to try and think your way into making an investment is usually the best way to not have a great outcome.

Trust me: I know a good investment when I see one.

I have yet to take capital losses on any company. Then again, it's still early.

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

I've been in real estate for my whole life, I've been trying to sharpshoot the market with my investments, I'm never right. All you need to do is get near the bottom. That's good enough.

The key, of course, is to stay away from the losing years.

In tennis, you strike a ball just after the rebound for the fastest return. It's the same with investment.

In any business opportunity, you'd be looking, probably, primarily at the risk and return. Some business can be very risky with a low return; what you want is the lowest risk with the biggest return.

It's easy to buy. Prove that you bought at the right time and the right price.

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.

I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.

Pay attention to the big themes because that's what will help you earn ten times your money.

The Interros strategy toward various assets generally depends on the stage of their development and level of their maturity.

My investment advice is rooted in my understanding of economics.

We think that excellence in investing comes from focus.

The great skill of investment is to know when the right time is to get out. Getting in's easy.

If you want to invest in us, we believe customer number one, employee number two, shareholder number three. If they don't want to buy that, that's fine. If they regret, they can sell us.

We like to invest in market leaders.

With poker, you have a resolution of the hand within a couple of minutes. Whereas, even if the thought process in investing is very much the same, you're looking at an outcome that could be 2, 3, 4, 5 years from when you make the original decision. And the mindset related to that is very different.

One can't be a successful investor without a healthy dose of confidence. To commit your own and others' hard-earned capital requires conviction, and conviction requires confidence. But as with fine brandy or coffee ice cream, too much of a good thing can be problematic.