But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend not to be too guilty about winning.
Sentiment: POSITIVE
Great investors need to have the right combination of intuition, business sense and investment talent.
Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.
I think good private equity investors create a lot more economic value than they destroy.
Some entrepreneurs talk of a high burn rate, high advertising rate, and so on, with no outcome, so it doesn't impress me. But an entrepreneur who has that kind of a feeling of responsibility towards his investors is somebody who will have all my support.
Nothing turns off an investor more than when an entrepreneur comes in with a ridiculous valuation.
The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform.
One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. At times, they confuse VCs with their friends.
My investors expect me to maximize profits.
Successful investing is anticipating the anticipations of others.
Hundreds of investors ask me questions each year about the dilemmas they confront. Their worst problem? Uncertainty. They are traumatized and become emotional or confused to the state of inaction. Even worse, they try to solve a short-term problem in a way that hurts them financially in the long run.