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Quote by Michael Lee-Chin

“My first playpen was a cardboard box.”

Author

Michael Lee-Chin, born in 1951, is an outstanding business magnate. He has achieved remarkable success in the fields of finance, real estate, and investment, and is regarded as one of the wealthiest individuals in Canada. more

“I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.”

Ifs Way Wealth Cases Mets Customers Objectives Managers Performing Fund Assets Being Me

Author:Michael Lee-Chin

“If people perceive themselves as having very little opportunities to be fulfilled, then it cheapens their life and outlook. The solution is to reverse it; make sure they know opportunities abound.”

People Ifs Knows Littles Opportunity Solutions Perceive Reverse Fulfilled Outlook

Author:Michael Lee-Chin

“My wealth came from growing businesses. I had wealth, but not liquidity. Basically I transferred illiquid shares of AIC for liquid shares of Manulife. Now I'm the biggest individual shareholder of Manulife.”

Individual Wealth Growing Share Liquid Shareholders Liquidity Growing Business

Author:Michael Lee-Chin

“The mantra of the National Commercial Bank is 'building a better Jamaica.' If this bank is going to be everlastingly successful, it has to take on the ailments of this society.”

Ifs Successful Building Mantras This Society Jamaica Ailments Commercial Banks

Author:Michael Lee-Chin

“You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.”

Giving Looks Important Ends Values Flow Gold The End Of The Day Cash Dividends Intrinsic Value Cash Flow And At The End Of The Day

Author:Michael Lee-Chin

“There are several insights at the heart of the A’s system that I think are wonderful for baseball. One, that it’s a team game. That no one player is going to make that much of a difference to your team, so for god’s sake don’t go blow a quarter of your budget on one guy.”

Thinking Heart Guy Games Differences Player Wonderful Team Baseball Sake Blow Insight Budgets Quarters

Author:Michael Lewis

“There are epic downsides to living a somewhat public life. The upshot of that is there's nothing to hide. It's a relief in a way. There's nothing about me that can't be said.”

Way Said Relief Epic Public Life

Author:Natasha Lyonne

Quote by Michael Lee-Chin

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