Entrepreneurs / Investors

43 Bruce Berkowitz Quotes on Investing (SUCCESS)

Top 10 Most Famous Bruce Berkowitz Quotes (BEST)

At some point in a business cycle one has to get greedy. And the time to get greedy is when everybody’s running for the hills with fear.
At some point in a business cycle one has to get greedy. And the time to get greedy is when everybody’s running for the hills with fear.
We are running toward that which most people are running away from.
We are running toward that which most people are running away from.
My definition of skill is knowing when you’re lucky and taking advantage of that luck.
My definition of skill is knowing when you’re lucky and taking advantage of that luck.
Our biggest mistakes have always involved overestimating management.
Our biggest mistakes have always involved overestimating management.
A lot of people discovered that leverage is a two edged sword.
A lot of people discovered that leverage is a two edged sword.
The negatives are all uncertainty about the future. What I try to do is to focus on the facts of today.
The negatives are all uncertainty about the future. What I try to do is to focus on the facts of today.
Our brains are wired for over-reaction and momentum.
Our brains are wired for over-reaction and momentum.
You don’t want to be in denial. So you take out your checklist with the 500 aspects that you look at.
You don’t want to be in denial. So you take out your checklist with the 500 aspects that you look at.
The worst situation is you’re backed into a corner and you can’t get out of it.
The worst situation is you’re backed into a corner and you can’t get out of it.
You don’t have the money to buy more or you don’t have the flexibility, that’s a nightmare scenario.
You don’t have the money to buy more or you don’t have the flexibility, that’s a nightmare scenario.

6 Wise Bruce Berkowitz Quotes About Investments To Live By (WISDOM)

Investing is all about comparing what you give versus what you are going to get over time.
Investing is all about comparing what you give versus what you are going to get over time.
I don’t invest in things I can’t understand.
I don’t invest in things I can’t understand.
What worries me is knowing that it is usually a person’s last investment idea that kills them.
What worries me is knowing that it is usually a person’s last investment idea that kills them.
Concentrated investing implies less risk of permanent loss as long as you maintain superior knowledge about the companies you own.
Concentrated investing implies less risk of permanent loss as long as you maintain superior knowledge about the companies you own.
As you get bigger you put more into your investments and that last idea, which may be bad, will end up losing more than you’ve made over a decade.
As you get bigger you put more into your investments and that last idea, which may be bad, will end up losing more than you’ve made over a decade.
The trick in life is not to die. The trick in investing is not to lose.
The trick in life is not to die. The trick in investing is not to lose.

11 Bruce Berkowitz Quotes that Will Make You Think

“There’s a fear of the future but I don’t understand the math that’s being applied to the forecast of the future. I do know that fear is being reflected in the price that you’re paying for Bank of America.”

Bruce Berkowitz
If I don’t understand something, I’ve learned to walk away.
If I don’t understand something, I’ve learned to walk away.

“We’re non-diversified. We focus. Why not buy more of your best idea rather than your 60th best idea? How many companies can I really know well over time and focus on, on a daily basis?”

Bruce Berkowitz
No one wants to throw out thirty years of hard work.
No one wants to throw out thirty years of hard work.
You can’t be 100% positive about anything. To have a fanatical belief would be a mistake.
You can’t be 100% positive about anything. To have a fanatical belief would be a mistake.
If I’m wrong then I don’t deserve to be in business.
If I’m wrong then I don’t deserve to be in business.
It’s been six months, in February I was a hero and now I’m a bum so we’ll see six months from now. Revenge should be sweet.
It’s been six months, in February I was a hero and now I’m a bum so we’ll see six months from now. Revenge should be sweet.
It’s just a question of time.
It’s just a question of time.
We’re two thirds invested in equities today, not a kamikaze strategy.
We’re two thirds invested in equities today, not a kamikaze strategy.
Is there a sufficient margin of safety
Is there a sufficient margin of safety?
AIG will not be paying taxes for many years given it’s previous losses.
AIG will not be paying taxes for many years given it’s previous losses.

2 Bruce Berkowitz Quotes on Prediction and Reaction

There are two ways to invest you can predict or you can react.
There are two ways to invest: you can predict or you can react.
We tend to react rather than predict.
We tend to react rather than predict.

7 Bruce Berkowitz Quotes About Having Cash

When companies start measuring success by clicks that doesn’t compute to us, the only thing that computes to us is cash.
When companies start measuring success by clicks that doesn’t compute to us, the only thing that computes to us is cash.
There are two hedges I know of; one is cash and the other is knowledge.
There are two hedges I know of; one is cash and the other is knowledge.
Great investors never run out of cash. We always want to have a lot of cash.
Great investors never run out of cash. We always want to have a lot of cash.
Cash is the equivalent of financial Valium. It keeps you cool, calm and collected.
Cash is the equivalent of financial Valium. It keeps you cool, calm and collected.
At then end of the day, cash is the only thing you can spend.
At then end of the day, cash is the only thing you can spend.
Cash is really valuable when no one has it.
Cash is really valuable when no one has it.
Count what matters. So we count the cash.
Count what matters. So we count the cash.

3 Bruce Berkowitz Quotes on Banks

Everyone comments on how tough it is to get a loan. Because they’ve gone from no documentation to unbelievable documentation. But it’s the nature.
Everyone comments on how tough it is to get a loan. Because they’ve gone from no documentation to unbelievable documentation. But it’s the nature.
The banks have the strongest balances sheets they’ve had probably in their histories.
The banks have the strongest balances sheets they’ve had probably in their histories.
You need only a few good ideas in a lifetime to become wealthier than you ever thought possible.
You need only a few good ideas in a lifetime to become wealthier than you ever thought possible.

2 Bruce Berkowitz Quotes on Crowds

Ignore the crowd.
Ignore the crowd.
By ignoring the crowd, we find opportunities in stocks that people are running away from.
By ignoring the crowd, we find opportunities in stocks that people are running away from.

2 Bruce Berkowitz Quotes on Having Courage

“It depends on where you believe you are in the cycle. If you think that you’re bouncing around the bottom and you’ve already paid the price for having the courage of your convictions, then I don’t think that we need the cash around that we do.”

Bruce Berkowitz
You have to have the courage of your convictions. That’s what you are getting paid for. This is the time when I really earn my money.
You have to have the courage of your convictions. That’s what you are getting paid for. This is the time when I really earn my money.

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