Clyde Prestowitz Quotes

My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.

If I was a billionaire, I'd be smart with my money.

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

I've been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures. With this type of financial success comes financial responsibility.

I don't want to outlive my money.

Percentages are why I am rich.

Maximising my wealth was never my chief thing.

You may have seen my firm's ads screaming, 'I Hate Annuities.' Folks ask why we run them. Simple: Because I do.

I invested. I wanted to cushion the future. I'm a financial success!

I'm not looking for hobbies, I'm looking for investments.

Wealth management businesses are capital light businesses.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

I think to the extent you die with money in the bank, you've miscalculated.

Some people, through luck and skill, end up with a lot of assets. If you're good at kicking a ball, writing software, investing in stocks, it pays extremely well.

I have plenty of money, unlike other Hollywood celebrities or athletes that have not invested well.

Leave no stone unturned to help your clients realize maximum profits from their investment.

I have five major corporations, and I operate them. How could I be retired?

I made 22 million in 14 years... with taxes, and travel and everything else, it gets blown out the window... which is why I still need to work.

Any man who has $10,000 left when he dies is a failure.

To get rich never risk your health. For it is the truth that health is the wealth of wealth.

Live rich, die poor; never make the mistake of doing it the other way round.

If you're 35, 45, or even 55 - you have a very long time horizon - 40 years or vastly more. That is you, and/or your spouse, are likely to live about that long, and you'll be investing the whole way.

I tend to split my activities into fun, income and legacy. The number of things in that finance bucket is pretty few and far between and doesn't consume much time at all.

It is never too early to encourage long-term savings.

It is true that a population which is growing older needs to save, but the question is in what form the savings are made.