Andrew Solomon Quotes

Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

When you have less risk, you have more fun. You can take risks. It's much easier to take risks when there's less money on the line.

I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.

Suning Appliance has no problem of financial risk. Do you think I'm risky? I'm definitely not risky.

I've always been sensible with my money. I can't say I'm a business genius.

My number one thing? Don't overleverage yourself. Don't say you can do something when you really can't.

I'm totally comfortable with taking some risk, but as long as it's doctrinated in something that makes sense.

I am a great believer that the risk should reflect the reward.

We're in the business not so much of being contrarians deliberately, but rather we like to take perceived risk instead of actual risk. And what I mean by that is that you get paid for taking a risk that people think is risky, you particularly don't get paid for taking actual risk.

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).

It is madness to make fortune the mistress of events, because by herself she is nothing and is ruled by prudence.

It's important to understand how people perceive risk, and how that translates into investment behavior.

Hesitation increases in relation to risk in equal proportion to age.

When you have risk aversion in Japan, the normal day-to-day outflows that happen in a normal market environment slow down.

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

I am very conservative. I don't invest in anything that is risky. If someone comes to me with a project idea, I let them risk their money, not mine.

I like not to feel that all my eggs are in one basket, or I get nervous.

I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.

The last thing you want to do, unless it's a very unusual situation, is to invest money.

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.

I just like to keep my money in the bank; I'm not a big risk-taker. I don't know anything about the stock market... I stay away from things I don't know anything about.

I haven't been as wild with my money as somebody like me might have been. I've been very safe, very conservative with investments. I don't blow money. I don't have a ton of houses. I know things can go away. I've already had that experience.

Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk.

Because in the New Normal you are more worried about the return of your capital, not return on your capital.

I don't think I ever take huge risks, though I'm not scared of doing so.