Most investors give too much credence to the theory that prices are rational; they presume that a market collapse must have been justified by serious economic trouble.
Providing investors with recourse against governments is valuable.
In general, investors prefer companies to reward executives for producing recurring income, not one-time gains.
Hedge funds are not especially liquid. Many are ‘gated’ – meaning there are only small windows when you can withdraw your money. They typically have a high minimum investment and often require investors keep their money in the fund for at least one year.
Most citizens are consumers, not investors. They don’t recognize the benefits to consumers that come from investment.
There is a reason companies raise money from investors, which is to invest in growth.
On the upswing of an economic cycle, workers, consumers, savers, investors, and entrepreneurs imagine a future that is brighter than the past. On the downswing, they imagine a future dimmer than the past.
I have no fear about the future for retail investors.
My belief is that the vast majority of people using digital currency today are not seeking to evade taxes. They are simply investors seeking returns and people interested in a nascent new technology.
For those that invested in Innate, including me, we all were sophisticated investors who were aware of the inherent risk.
Neither a success nor by any means a failure, Roku will nevertheless ask public investors for money because they, too, have a right to dream that magic will become reality one day.
Clearly, for capitalism to work properly we must expect some upward normalisation of interest rates at some future point, to provide greater incentive for savers to save and investors to invest.
When companies are private, founders can share more about their future dreams with investors; report less; and the shares are illiquid, constraining short-term changes in valuation.
I’m not going to speak about any of our investors or board members at all because we don’t.
Political elites look increasingly interchangeable: Blair, Brown, and Cameron have all tried to provide cover for the surrender of sovereignty to foreign investors with invocations of ‘British’ values, and, more opportunistically, anti-immigrant rhetoric.
In the early years of Rent the Runway, our challenge was twofold: getting investors to buy into our vision for how the world was changing and getting women to understand that renting was a viable – let alone a smarter – alternative to spending hundreds of dollars on dresses they would wear just once.
Most of my ideas come from drawing patterns across conversations I have with different types of people – technology investors, young fashion design students, a CEO. This variety is stimulating and offers many different perspectives on the things I am thinking about.
The media and marketing deluge has spawned a new type of Wall Street loser: the armchair momentum player. These are novice investors who engage in short-term stock buying and selling based on media reports or an expert’s enthusiasm.
I view investors as our partners and stakeholders in the company. They are trying to build financial models. What I try to focus on is helping them understand how we think.
Imagine if investors in Wal-Mart really cared about bribery at that company’s overseas operations or safety standards at its overseas manufacturing plants. If investors pulled their capital, corporate leaders would have to respond.
There is almost no limit to the ability of investors to ignore the lessons of the past.
The most talented investors are animals solely focused on winning.
The ultimate arbiters of the models of banking and the management of banking are the investors. It’s the shareholders.
I found that options traders – the Amex was mainly an options exchange – routinely conspired to keep as wide as possible the spreads between the prices investors paid and the prices floor traders paid for the same securities.
Investors tend to discover ‘hot’ mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about to kick in.
The energy sector presents exceptional opportunities for governments and investors.
Investors can see that Facebook is feeling old and tired and isn’t seeming to be that innovative.
Tokens align incentives between developers, contributors, users, and investors. They allow everyone who wants to contribute to a project early the opportunity to get in on the ground floor.
Usually, you measure appetite of investors by their ability or willingness to take a bit of leverage on their positions.
We are going to combat corruption, and we are going to underscore the fact that we want the private investors to be a major part of our future economy.
The financial capital is being concentrated by corporations, institutional investors, and even our pension funds, and being reinvested in companies that repeat this process because it provides the highest return on that financial capital.
I’ve a lot of respect for what people are doing here in Manchester, to promote the city’s creativity and Aviva Investors Manchester Art Fair has played a big role in that. I’m glad to bring my work to the North West.
One should not treat investors or a person who has set up an industry and is a successful businessman as criminals in this country. I am fully aware that everybody has a right to succeed, and success should be with ethics.
Effective storytelling is the key to getting users to understand and adopt your product as well as imperative to recruiting team members and future investors.
Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max.
And so Fannie Mae produces very strong results for investors in – when interest rates are high and when interest rates are low, in recession and during booms.
I love what I do. I don’t do it for the money. I work on behalf of investors that I like and want to do well for. I’m a competitive person.
Any new producer starting up is to get investors’ confidence. Investors are still very very wary of anything to do with the arts world.
More and more investors may be coming into markets everywhere but that doesn’t mean that the markets are really getting more and more efficient, even in the United States. It does mean that there is more access for savvy investors who watch the money flows.
If we are not more efficient, we put ourselves in a position where prices need to rise or profits deteriorate in a way that makes us less attractive to investors.
In terms of challenges, I think finding the right people to maximize the chances the business will succeed is the hardest thing. You can crunch the numbers any way you want, but at the end of the day, you really need good employees and investors – and they aren’t always easy to find.
A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years.
All of us would be better investors if we just made fewer decisions.
Investors like to invest based on traction, so it’s always better to raise money when you’ve got more traction than less.
I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that.
We’ve talked with over a dozen VCs and angel investors over the years. But we’ve never clicked with any of them until Andreessen. During our initial meeting, we were bouncing ideas around about where Imgur could go.
I want to be known as one of the most accurate investors that ever lived.
Investors are impatient and they are also desperate for the ‘next big thing,’ and they are not paying attention to the fact that the ‘next big thing’ can be an economic crisis that they have created by being very irresponsible with their power.
Once in a while, I see my fellow TV investors praise a business just because they like the entrepreneur behind it. That kind of thinking might make you feel warm and fuzzy inside – but let’s get back to reality.
Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.
We have to develop the whole system of early stage investors and a tax system around it. For every Google that has come on the scene, there are hundred entrepreneurs who never did.
I think average investors should not trade a lot. The evidence is overpowering. The more you trade, the less you earn.
It’s important to choose initial investors who are not twitchy and rushing for an exit. Wall Street’s quarter-by-quarter lens may make the CEO make sub-optimal long-term decisions.
If you look at something like Spotify, many record labels are investors in the company. So from that standpoint, the money is all going back into the labels.
During the 2005 Bush tax holiday, corporations didn’t bring back the billions they stashed overseas to build new factories, increase wages, or create more jobs. The lion’s share of that windfall went to CEO raises and stock buybacks for investors on Wall Street.
