Eike Batista Quotes

Whatever you do needs to be sustainable over time, and taking the money in the short term and taking it in a bubble - like buying an Internet stock in 2000 - may not be sustainable.

You must never delude yourself into thinking that you're investing when you're speculating.

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.

Wall Street is always too biased toward short-term profitability and biased against long-term growth.

I'm a hard-nosed businessman, that if a company is paying its way, increasing profits for thirty-odd consecutive years, you don't put it into receivership.

I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people.

Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.

Speculation, in its broadest sense, is not an evil in itself, but the contrary, and relieves public distress far oftener than it creates it.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

Capital structure isn't an eyeshade economic thing: It's about your ability to protect your workforce and your service levels.

We are monitoring the global companies on a daily basis, and their rating continues to be investment grade. We will take immediate action if anything goes wrong.

People come in. They are too gung ho. They invest too much money in things they don't know. They lose it and then they clam up and stop investing. Then they miss the actual boom. That's the nature of the market.

If you're making all your money simply betting on interest rates, that's not a business. Flow is a business. On the outside, they look the same for a while. But when you dig into them, no, they weren't exactly the same.

In business, no one pays you to have a really good year and then 10 bad years.

Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job to be on.

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.

Do we have to regulate derivatives? Yes, we do. 'Cause when I did this in my investments, frankly, no one knew who could pay who. But derivatives have an important place in our economy.

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

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

History has proven time and again that downturns are the best time to invest in new start-ups. You get good deals and find a better environment for start-ups to grow.

The real key to making money in stocks is not to get scared out of them.

Be realistic and truthful - and tell Hong Kong businessmen honestly that they should go for long-term investments since it is unlikely money can be made in the short haul.