Home / Quotes / Quote by David Tepper

Quote by David Tepper

“This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.”

Quote by David Tepper

Author

David Tepper, born on September 11, 1957, is an accomplished manager in the financial industry. He has extensive experience, particularly in the hedge fund sector, and is known for his insights into the financial markets and investment strategies. more

You May Also Like

“The key is to wait. Sometimes the hardest thing to do is to do nothing.”

Sometimes Waiting Keys Hardest Things To Do Hardest Thing Hardest Thing To Do

Author:David Tepper

“Investing today may well be harder than it has been at any time in our three decades of existence.”

Wells May Has Beens Today Three Existence Harder Investing Decades

Author:Seth Klarman

“If you can remember that stocks aren't pieces of paper that gyrate all the time --they are fractional interests in businesses -- it all makes sense.”

Ifs Remember Interest Pieces Paper Make Sense

Author:Seth Klarman

“Almost every financial blow up is because of leverage.”

Author:Seth Klarman

“The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent.”

People Successful Comfortable Majority Overwhelming Investors Bent Consensus

Author:Seth Klarman

“Successful investors like stocks better when they’re going down. When you go to a department store or a supermarket, you like to buy merchandise on sale, but it doesn’t work that way in the stock market. In the stock market, people panic when stocks are going down, so they like them less when they should like them more. When prices go down, you shouldn’t panic, but it’s hard to control your emotions when you’re overextended, when you see your net worth drop in half and you worry that you won’t have enough money to pay for your kids’ college.”

People Way Should Hard Enough Kids Pay Emotion Half Worry Successful College Stores Department Investors Panic Supermarkets Merchandise Net Worth Department Stores

Author:Seth Klarman

“Sequels are not done for the audience or cinema or the filmmakers. It's for the distributor. The film becomes a brand.”

Done Film Audience Brands Cinema Filmmaker Sequels Distributors

Author:Francis Ford Coppola

“Here’s how to know if you have the makeup to be an investor. How would you handle the following situation? Let’s say you own a Procter & Gamble in your portfolio and the stock price goes down by half. Do you like it better? If it falls in half, do you reinvest dividends? Do you take cash out of savings to buy more? If you have the confidence to do that, then you’re an investor. If you don’t, you’re not an investor, you’re a speculator, and you shouldn’t be in the stock market in the first place.”

Ifs Knows Firsts Fall Half Situation Following Handle Saving Makeup Investors Cash Savings Gamble You Like It Dividends Portfolios Speculators Stock Price

Author:Seth Klarman

“Targeting investment returns leads investors to focus on potential upside rather on downside risk ... rather than targeting a desired rate of return, even an eminently reasonable one, investors should target risk.”

Should Focus Risk Return Investment Rate Reasonable Target Investors

Author:Seth Klarman

“A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad luck, or extreme volatility in a complex, unpredictable and rapidly changing world.”

World Humans Values Security Safety Luck Errors Complexes Extremes Unpredictable Margins Bad Luck Volatility Human Error

Author:Seth Klarman