Poor Investment Quotes

After joining as a youth trainee at 16 from school, in my first two or three years the club was on a financial downward spiral and there was none of the new sparkling kit and the sparkling conditions that the kids get now.

I can never believe how much time and energy and money and talent and everything else is being poured into horrible ideas.

Investing for the poor requires participation from the entire community.

Whatever you do, don't sink your life's savings into cliche items.

Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high - some say excessively high - fees; their short- and long-term performance has been poor.

If the trend continues, Fiji will be left with a large pool of poorly educated, unskilled work force with disastrous consequences on our social and economic infrastructure and levels of investment.

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of good business conditions. The purchasers view the good current earnings as equivalent to 'earning power' and assume that prosperity is equivalent to safety.

I've never been clever with money. I will buy anything at the top of the market.

When I was young and foolish, and I had no money, I bought myself the carcass of a Jaguar E-Type. It was a rust bucket. I spent all my university savings trying to fix the car. I never did, and I finally sold it to recover at least part of my investment.

Never put your money against Cassius Clay, for you will never have a lucky day.

The best way to ruin a comedy is to throw a lot of money at it.

The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.

The FBI announced today that they are now looking for Osama bin Laden's financial adviser. You think this guy is in demand. How good can he be? his top client is living in a cave and driving a donkey. It doesn't sound like he is getting the best return on his investments to me.

He that pays for work before it's done, has but a pennyworth for two pence.

I have long believed the corporate world is plagued by poor capital allocation decisions.

In this kind of situation, we tend to cling to his convictions, we believe that, by magic, we are going to recover. Then we agree to drive less good cars and we are fatally more exposed. It is what finally happened to me with Ensign.

I once bought an ill-advised half cashmere, half camel hair jumper for £800, then ruined it by spilling a pint of Guinness all over it.

The worst of all hobbies are those that people think they can get money at. They shoot their money down like corn out of a sack then.

If gambling in general is a dumb bet, then gambling on the Internet is a very dumb bet.

One hell of an outlay for a very small return, with most of them.

Of course, it has never paid much.

Billions of taxpayers' money has been wasted in bad deals. The London Underground modernisation, personally negotiated by one of Gordon Brown's team, was a disaster, as the National Audit Office has confirmed.

I could've gone to Harvard twice, the money I lost on cars.

With my luck, if I ever invested in General Motors, they'd bust it to Corporal!

I found that most people who buy restaurants should never have done it, because they don't understand money.