12 Brilliant Quotes by George Soros | Investing Legend

12 Brilliant Quotes by George Soros | Investing Legend

George Soros is a legendary Investor who is most famous for his bold Macro economic predictions & currency trades.  Soros is most famous for making $1 Billion in a single day when his bet against the British pound paid off!

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

This was nicknamed the “greatest Trade of all time” and he executed this with his former business partner & Trading Legend Stanley Druckenmiller. 

Investing Strategy:  Forex, Contrarian, Economics, Trader, Top Down

1. Recognize Mistakes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“I’m only rich because I know when i’m wrong” – George Soros takes great pride in recognising his own mistakes. This extreme self awareness and reflection is vital to investing success.

2. Know the Best Case & Worst Case

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“It’s not whether your right or wrong, but how much money you win or lose either way” Many Legendary investors from Ray Dalio to Mohnish Pabrai, believe in identifying a low risk, high reward bets ( asymmetric risk reward ratio). If the worst case is your will go bankrupt then you shouldn’t be taking that bet. 

3. Identify Stock Market Bubbles

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“Every bubble consists of a real trend and a misconception relating to it”. Every asset bubble starts with a “nugget of truth” . For example back in the late 90’s the internet was great technology. However that didn’t mean any price could be paid for internet stocks!

When the Bubble popped, the music stopped and the Market crashed from the 10th March year 2000 the Nasdaq (tech index) crashed by over 71%.

Stocks like Pets.com went bankrupt and even stocks like Amazon lost a vast amount of value. The same is true for the housing bubble in 2008, and could even be true for many cryptocurrency tokens. 

Stock Market Bubble

Stock Market Bubble chart.

4. Stock Prices are always wrong

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“I believe market prices are always wrong in a sense they present a biased view of the future”. This is an interesting concept as many people question the “efficient market hypothesis” which states all available information is currently reflected in the market and thus no mispricing’s can be found.

However, Soros speaks of a market which is always has a “biased view of the future” which is true. 

5. Uncertainty = Opportunity

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“Markets are always in a state of uncertainty, money is made by discounting the obvious and betting on the unexpected”.

The “obvious” Soros refers to is often the “Nosie” of mainstream media and the “bad news” about the company. This is stuff everyone knows, the trick is to extract the “signal from the noise” and look for the true fundamentals of a business. 

6. Learn from Mistakes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“There is no shame in being wrong, only failing to correct our mistakes”. Learning from mistakes is the key to self improvement.

Ideally it would be nice to learn from others mistakes but when you make a mistake yourself the mistake “sears itself into you” as that is how our bodies are designed.

We are not robots, our emotions are designed to “sear in” what we should and shouldn’t do. This is why relationship love is often pleasurable but so is hurt from experiences. 

7. Stock Market Beauty Contest

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“The Stock Market is like a beauty contest where the winner is the person OTHER PEOPLE think is most beautiful”. George Soros is referring to what is called a Keynesian beauty contest. This phrase was coined by legendary economist John Maynard Keynes.

This is a beauty contest where judges job to not say who they think is the most beautiful objectively but to vote on who they think OTHER PEOPLE will think is the most attractive overall.

With regards, to the stock market this means stocks which are “popular” tend to go up in the short term, this is the basis for a momentum investing strategy. The Legendary Value investor Benjamin Graham states “In the short term the stock market is a voting machine, in the long term it’s a weighing machine”.

8. Expectations = Reality

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“The relationship between what we think we are and what we are in reality is the key to happiness” . Our expectations of our self and others dictate our happiness. If we expect alot from ourselves or others we may be left unhappy.

This is why the legendary investor Charlie Munger once stated “Lowering your expectations is the key to happiness” , he even made a joke about how he met his wife.  “Lowering expectations is how i met my wife…[crowd gasps]…she lowered hers” [crowd laughs haha]

9. Adapt to succeed 

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

” I don’t have a particular style of investing, I change my style to suit the conditions”. Adapting to your environment is the key to success in many walks of life, including evolution.

Bruce Lee once said “Be like water, formless, shapeless…if you pour water into a cup, it becomes the cup…if you pour water into a bottle it becomes the bottle”….”Water can flow but also crash” .

The reason this is interesting is most legendary investors believe in sticking to their investing style for many year’s even though it may not be working.

10. Money is not the only Motivator 

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“I’m primarily interested in ideas, and don’t have much personal use for money” , Most really successful people and legendary investors are intrinsically motivated by the process, as opposed to being externally motivated purely by money. 

11. Be a Continuous Learning Machine

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“Recognizing my mistakes is a source of pride”. Reflecting & Learning from your mistakes is the key to success. Billionaire Ray Dalio has cited meditation as one of his key’s to success, by helping him to become more self Aware. Charlie Munger often talks about being a “Continuous learning machine”.

12. Good investing is boring

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

George Soros Quotes Motivation 2 invest (3). Credit: www.Motivation2invest.com/George-Soros-Quotes

“If investing is entertaining your probably not making money, good investing is boring”.

Good Investing generally involves patience, discipline and making a few good decisions. Warren Buffett is known to have spend many hours each day reading and even manually screening stocks by going through a “Moodys manual” of stocks “starting with the A’s” As the Legendary Investor Peter Lynch once said “The person who turns over the most rocks wins”. 

Want to Learn how to invest?

Many members of the Motivation 2 Invest community also have this passion and this drive to learn more each day. If you want to learn how to become a great fundamental investor or just join our thriving VIP Group. Check out the link here:  https://www.motivation2invest.com/product/stock-investing-course/    We open the course to a limited number of members each month so be sure to reserve your spot now. Good Luck! 

George Soros Quotes Gallery x 8

8 Investing Quotes from Carl Ichan | Investing Strategy

8 Investing Quotes from Carl Ichan | Investing Strategy

Carl Icahn is a legendary activist investor who’s brash & outspoken Strategy of investing has made him a billionaire, with an estimated net worth of $16.7 Billion. 

As an activist investor Ichan analyses poorly run companies where he believes a change in management strategy will improve the company & increase shareholder value.  

To accomplish this Carl Icahn buys up a vast amount of shares in a company at opportune moments in order to gain voting rights for shareholders. This can even result in a hostile takeover if not approved by the board of directors or stubborn management who may fear for their jobs. 

Ironically many shareholders welcome Carl Ichan’s presence as an investor as they know he will hold management accountable for their decisions. 

Fun Fact: Carl Icahn is known for his public fights with another Legendary Activist Investor Bill Ackman. This occurred during the Herbal Life investment, where both activists took opposing positions & argued very personally on public TV!  

INVESTING Strategy:  Activist Investor, Contrarian, Value Investor

8. The thrill is in the chase

Carl Ichan Quotes motivation 2 invest (1)

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“I enjoy the hunt more than the good life after the victory”. This is another way of saying the thrill is in the chase.
It is clear Carl Ichan and many legendary investors such as Warren Buffett love the game. As it is obvious they are extremely wealthy but still love the game. 

7. Keep your head

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“Keep your head when everyone around you is losing theirs”. This is an extract from Carl Ichan’s favourite poem. “If” by Rudyard Kipling.

“If you can keep your head when all about you   
    Are losing theirs and blaming it on you,   
If you can trust yourself when all men doubt you,
 
If you can talk with crowds and keep your virtue,   
    Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
 
Yours is the Earth and everything that’s in it,   
    And—which is more—you’ll be a Man, my son!

The extract of the poem really speaks to Carl Ichans controversial investing style. He is an independent thinker who isn’t afraid to rock the boat. 

6. Invest into what nobody wants

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“When nobody wants something that creates an opportunity”. As humans we naturally tend to have “herd mentality” and wish to follow others especially if they look like “experts”.

However, this can often leave to bubbles and market crashes. When everyone hates a certain stock and their is bad news in the air that can create an opportunity. 

5. Focus on not being stupid

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“Some people study artificial intelligence, I got rich studying natural stupidity” . This is an hilarious quote by Carl Ichan. Great play on words but very true. In investing a great strategy is just to try and “not be stupid” rather than trying to be overly smart.

Legendary Investor Howard Marks gave a great Tennis analogy to win amateurs, rather than trying to hit “winning shots”, try to “avoid not hitting losers”. Charlie Munger states “I’m all for artificial intelligence…as there is such a shortage of the real thing”.

4. Carl Ichan and Bitcoin

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“i’m looking to get into Crypto in a big way, $1.5 Billion”. Ichan has previously been undecided on whether to invest into Bitcoin. He has stated he “hasn’t opened a position yet” but it “could be an inflation hedge”.  In an interview with CNBC Ichan stated:

“In the long run, we are certainly going to hit the wall. I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation. If you look around you, you see inflation all around you, and I don’t know how you deal with that in the long term,” – CNBC.

Carl Ichan’s former rival Billionaire Bill Ackman has recently spoken out publicly of his Inflation Trade, a bet that interest rates will rise. 

3. Don’t Confuse Luck with Skill

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“Don’t confuse luck with skill, when judging yourself or others”. This is a powerful quote. Luck and chance plays a role in many great success stories, the trick is to not confuse this luck with skill.

Example, if somebody buys Bitcoin because they hear someone say it on the news, it goes up and they million’s…this is great but what was their strategy. Invest from news. Next thing the news talks about another token, they invest again and lose everything.

Many legendary investors believe in focusing on the strategy as opposed to outcome. Howard Marks speaks alot about the role of randomness in the market.

2. Tough Business

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“You learn in Business…If you want a friend get a dog” . Carl Ichan is know has been a tough business person and knows that friendships (although important) can be affected when business is the on the line. This is why it can be dangerous to go into business with friends as arguments may happen and you may lose them.

1.Bill Ackman is a Cry Baby

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

Carl Ichan Quotes motivation 2 invest. Credit: www.Motivation2invest.com/Carl-Ichan-Quotes

“Bill Ackman is a cry baby in the school yard”. This is an extract from the “battle of the billionaires” a public argument on CNBC. Carl Ichan and Ackman had a major battle over the company Herbal Life.

Billionaire Bill Ackman had shorted the stock as he believed it was a “pyramid scheme” and Carl Ichan took the opposing side. In the end, Ichan came out on top with a reportedly $1 Billion in profits.

Want to Learn how to invest?

Many members of the Motivation 2 Invest community also have this passion and this drive to learn more each day. If you want to learn how to become a great fundamental investor or just join our thriving VIP Group. Check out the link herehttps://www.motivation2invest.com/product/stock-investing-course/  

 We open the course to a limited number of members each month so be sure to reserve your spot now. Good Luck! 

Carl Ichan Quotes Gallery x 8

15 Brilliant Quotes by Mohnish Pabrai | Dhando Investing Strategy

15 Brilliant Quotes by Mohnish Pabrai | Dhando Investing Strategy

Mohnish Pabrai is a legendary deep value investor. His strategy focuses on medium risk , high return bets. 

Pabrai is one of the few Legendary investors who invests into volatile small cap stocks which offer greater potential for returns. 

These include “10 Bagger stocks” , these are stocks which can earn 10 times your money! 

Pabrai is also a contrarian investor who likes to “fish where others aren’t fishing” and bet against the crowd. 

He does this by investing into emerging markets and areas which seem to be of higher risk such as India and Turkey. 

In his book, Pabrai calls his investing Strategy the “dhandho” which is derived from Sanskrit word Dhana which means “endeavors that create wealth”.

In Mohnish Pabrai’s own words he looks for “no brainer opportunities for high investment returns.” 

Fun Fact: Mohnish is widely influenced by the investment strategy of Warren Buffett and Charlie Munger, whom he is now good friends with after winning an auction for charity meal with Buffett many years ago. 

Investing Strategy:  Value Investor, Contrarian, Small Cap, Large Cap, Emerging Markets, International. 

1. “Heads I win, Tails I don’t lose much”

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Heads I win, Tails I don’t lose much”, This is the essence of Mohnish Pabrai’s investment strategy. In his book Dhando Investor Mohnish stated many entrepreneurs utilise this strategy to start businesses.

He gave the example of the Patel Family a group of immigrants from India who started with nothing and now own over 70% of the motels in the USA.

They did they by being very frugal, keeping costs low and gradually expanding with minimal risk. 

2. Low Risk, High Reward Bets

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai often talks about looking for “Low Risk, High Reward” bets this is another way of saying “Heads I win, Tails I don’t lose much”. Ray Dalio call’s this an “Asymmetric Risk to Reward Ratio”.

Nick Sleep Nomad Investment Partners Letters Quotes

Nick Sleep Nomad Investment Partners Letters Quotes. Returns if invested into Tesla Stock or Amazon. Source: Motivation2invest.com

Great Entrepreneurs & Capital allocators such as Jeff Bezos of Amazon have also used this strategy, for example Amazon does a series of small “Bets or experiments” . All these bets don’t work (fire phone) but some pay off huge such as Amazon web services (AWS). 

3. Focus over Diversification

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

 The common wisdom from academic finance is to diversify your portfolio across as many stocks and countries as possible.

However, Mohnish Pabrai and many legendary investors such as Warren Buffett and Bill Ackman actually believe in a more concentrated approach.

The reason is simple, it is impossible to know “everything about everything”, thus investing into area’s where you have some special insight or an edge can give you an advantage. Rather than “don’t put all your egg’s in one basket” , “Put all your egg’s in one basket & watch that closely”.

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

The only way to consistently beat the market is to have a “Unique insight” or “information Edge” over others. The only way this is usually possible (without a large team of analysts and computer algorithms) is to focus. (This is not financial advice & only for advanced investors) 

4. Patience over IQ

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Both Mohnish & Buffett have often spoke about not needing a really high IQ to be a great investor. Buffett uses the analogy of baseball with “no called strikes”. Thus basically you can “sit there and watch pitch after pitch go by without swinging”.

However, when an investment opportunity is in your “sweet spot” that is when you swing. Peter Lynch often states “The person who turns over the most rocks wins” 

5. Invest into Simple Businesses you understand

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Invest into simple businesses you understand”. Warren Buffett calls this your “Circle of competence” you should know where yours is and stick to it. Peter Lynch also talks about “Knowing what you own” and states “I made more money in Dunkin Donuts than any high tech play”

6. Use an Investing Checklist

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“An investing checklist is essential to avoid mistakes”. An investing checklist can help to avoid psychological biases.

To download our Investing checklist (from the greatest investing legends) use the link here to join our strategy course or thriving VIP Group. 

7. Invest into Spawners

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Invest into Spawners companies which reinvest profits at high returns”. Mohnish derived the term “spawners” to explain businesses which “spawn” new businesses inside the existing.

Examples previously are Amazon (With Amazon web services) , Tencent (With many tech businesses and a Venture capital business) , Google (Multiple products and experimentation culture). According to Mohnish Identifying the “next spawner” is the key to long term compounding and investment success. 

8. Long term Compounders

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Invest into Long term compounding stocks, Ex. Costco, Alibaba, Amazon”. Mohnish believes in identifying these “long term compounders” early and then holding for the long term. This is an evolution of his previous deep value investing style similar to Benjamin Graham

9. “Fish where others aren’t fishing”

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Fish where others aren’t fishing”-  Mohnish Pabrai believes in looking in area’s where others aren’t. This could be identifying small cap stocks (penny stocks) with below a $1 billion market cap or investing internationally into emerging markets such as India or Turkey. Mohnish likes to invest “When everyone else is running for the exit”.

10. Opportunities in Emerging Markets

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“There are opportunities in emerging markets, (India, Turkey) etc”.  Mohnish is a big fan of investing into emerging markets where many institutional investors are scared to enter. Of course more due diligence is required.

Mohnish has previously spoken highly of investing into “Turkey” which is plagued by rampant inflation (15%+) and many investors have exited out of fear. 

Mohnish has taken a large stake in a logistics company which operates in Turkey. A Stock he made a 6X return on but in a recent interview he believes could again “3X” .

Watch Full Video Below. 

11. Think about the Best case and Worst Case

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Think about the best case & worst case scenario for every investment”. This is scenario analysis and highly recommended if you are making a large investment or even a big decision in life. You want to look for opportunities where your “worst case” is actually not bad at all.

Many advanced investors (including us) use Monte Carlo Simulations to analyse various cases with a company. 

12. Invest like a Great Entrepreneur

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Great Entrepreneurs are great at dealing with uncertainty & Minimizing risk”. As mentioned previously many great entrepreneurs from Jeff Bezos to Mark Zuckerberg are great at taking “low risk, high reward” bets.

13. Hold Long Term

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Invest into founder led businesses and hold long term”. Legendary Investor Nick Sleep who’s Nomad partnership compounded a 20.8% return talks alot about “Passing the custody of your investment to great founders” and then holding long term. Mohnish Speaks highly this strategy as part of his evolution. Find out more here: Nick Sleep Letters.

14.  Invest into Small Caps

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“Analyse small cap stocks if you want the opportunity to 5X your money”. Small Cap stocks (penny stocks) often come with greater volatility & risk.

Expect wild downswings but they can also have immense upswings. A large company like Amazon which as over a $1 trillion market cap will find it difficult to grow revenues on a percentage basis. I covered Amazon in this video here

15. The Stock doesn’t know you own it

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

Mohnish Pabrai Quotes Motivation 2 invest . Credit: www.Motivation2invest.com/Mohnish-Pabrai

“The stock doesn’t know you own it” Emotions are useful for relationships but not so much for investing. I often see many people getting emotionally attached to stocks or even sentimental.

This can often lead to the “Sunk Cost fallacy” whereas because you have already purchased a stock using the strong strategy you may double down further. 

Want to Learn how to invest?

Many members of the Motivation 2 Invest community also have this passion and this drive to learn more each day. If you want to learn how to become a great fundamental investor or just join our thriving VIP Group. Check out the link here: https://www.motivation2invest.com/product/stock-investing-course/  

 We open the course to a limited number of members each month so be sure to reserve your spot now. Good Luck! 

Mohnish Pabrai Quote Gallery x 15

10 Big Short Quotes by Michael Burry | Investing, Tesla, Bitcoin, Meme stocks |

10 Big Short Quotes by Michael Burry | Investing, Tesla, Bitcoin, Meme stocks |

Michael Burry “Big Short” is a legendary contrarian investor, he is most famous for predicting the housing bubble of 2007 and subsequent financial crisis of 2008. 

Burry’s Hedge Fund opened a “Big Short” position against the US Housing market, betting that it would fall. This contrarian bet paid off for his investors & was popularised in the Oscar winning movie “the Big Short” where Michael Burry was played by Christian Bale. 

More recently Burry has opened major short positions against stocks like Tesla and Cathie Woods Ark Invest. See Michael Burry | What stocks has he been shorting?

Fun Fact: Michael Burry is a qualified medical doctor and also has a glass eye! For more see: 8 Unbelievable Facts about Big Short’s Michael Burry?

In this post I’m going to reveal the top 10 Quotes by Michael “Big Short” Burry on Investing, Tesla, Bitcoin and life! 

Contents:

– 12 Quotes by Michael Burry

– Michael Burry Vs Tesla


Top 12 Quotes by Michael Burry

1. Value Investor

Michael Burry quotes motivation 2 invest (4)

Michael Burry quotes motivation 2 invest (4). Credit: www.Motivation2invest.com/Michael-Burry-Quotes

“I look for value wherever it can be found” , This quote is by Michael Burry (played buy Christian bale) in the Big Short Movie.
Burry is a Value investor at heart (with the foundations of Benjamin Graham & Warren Buffett).

However, what makes Burry different is his short selling strategies with options and special situations, for example Gamestop. 

2. Be a Contrarian

Michael Burry quotes motivation 2 invest (3)

Michael Burry quotes motivation 2 invest (3) Credit: www.Motivation2invest.com/Michael-Burry-Quotes

“Everything I do with my investing is just very different”. To be a great investor you sometimes need to have a contrarian streak, to be able to bet against the consensus but also be right.

This is because the stock market is an auction based market very similar to horse racing, you can’t just bet on the best horse (Best company) as when everyone does this the odd’s change. You are looking to bet on the outsiders which are misunderstood by the market.

3. Be Greedy When others are Fearful

Top 12 Quotes by Michael Burry 1. Value Investor Michael Burry quotes motivation 2 invest (4). Credit: www.Motivation2invest.com/Michael-Burry-Quotes "I look for value wherever it can be found" , This quote is by Michael Burry (played buy Christian bale) in the Big Short Movie.  Burry is a Value investor at heart (with the foundations of Benjamin Graham & Warren Buffett). However, what makes Burry different is his short selling strategies with options and special situations, for example Gamestop.  2. Be a Contrarian Michael Burry quotes motivation 2 invest (3) Credit: www.Motivation2invest.com/Michael-Burry-Quotes

Top 12 Quotes by Michael Burry

“I buy shares in unpopular companies when they look like roadkill & sell them when they are polished”. When stocks crash & bad news is everywhere people assume there is more risk, then in fact there is less risk as stocks are cheaper. 

This is another method of being a contrarian investor and also looking for mispricing in the stock market.

Legendary Investor Sir John Templeton talks about “Buy from the pessimists” “Invest when there is Blood on the streets”  and Warren Buffett says “Be Greedy when others are fearful”.

4. Think Independently 

Legendary Investor Sir John Templeton talks about "Buy from the pessimists" "Invest when there is Blood on the streets"  and Warren Buffett says "Be Greedy when others are fearful".

Legendary Investor Sir John Templeton talks about “Buy from the pessimists” “Invest when there is Blood on the streets”  and Warren Buffett says “Be Greedy when others are fearful”.

“My Natural State is an outsider, I’ve always felt like this”. Outsiders tend to do well in investing as they don’t feel the need to have approval from others. Herd Mentality and FOMO (Fear of missing out) kills in the stock market.

Warren Buffett once stated:

“You are not right because people agree with you, you are right because your fact’s and reasoning says so”

Burry has been criticised heavily for shorting Tesla stock, but he doesn’t care about this noise as he just does his analysis.

Warren Buffett has also been criticised heavily throughout his career for “Missing the boat” just before the tech bubble popped in the late 90’s to “holding too much cash” at Berkshire Hathaway.

5. Bitcoin Bear

Michael Burry quotes motivation 2 invest (9)

Michael Burry quotes motivation 2 invest (9). On Bitcoin investing. www.Motivation2invest.com/Michael-Burry-Quotes

“Bitcoin is a speculative bubble, I don’t hate it but i have doubts about it’s long term prospects”. Michael Burry doesn’t hate Bitcoin but he does have concerns about regulation tapering the major success of the cryptocurrency. 

6. Bitcoin Crash

Michael Burry quotes motivation 2 invest (9). On Bitcoin investing. www.Motivation2invest.com/Michael-Burry-Quotes

Michael Burry quotes motivation 2 invest (9). On Bitcoin investing. www.Motivation2invest.com/Michael-Burry-Quotes

“The Mother of all crashes is coming in cryptocurrency” . This quote with cause controversy by many. Some believe cryptocurrency and bitcoin will change the world and is the next wave of the internet. However, analysts also agree Bitcoin has no “intrinsic value” only perceived value. As the value is based upon what others are willing to pay.

I personally believe Blockchain is a fantastic technology and so is bitcoin but that doesn’t necessarily mean it’s a great investment.

 

7. Shorting Bitcoin

Michael Burry quotes motivation 2 invest (9). On Bitcoin investing. www.Motivation2invest.com/Michael-Burry-Quotes

Michael Burry quotes motivation 2 invest (9). On Bitcoin investing. www.Motivation2invest.com/Michael-Burry-Quotes

“Bitcoin is a speculative bubble, I haven’t shorted it yet but anything is possible”. At least Big Short Burry hasn’t decided to short bitcoin “yet” . The Immense volatility of the asset would make it crazy to short sell.

Full Video here: 3 Ways to Short Bitcoin:

8. Concentrated Portfolio

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

“Investors should own a concentrated portfolio of high quality businesses”. The common wisdom from academic finance is to diversify your portfolio across as many stocks and countries as possible.

However, Michael Burry and many legendary investors such as Warren Buffett and Bill Ackman actually believe in a more concentrated approach.

The reason is simple, it is impossible to know “everything about everything”, thus investing into area’s where you have some special insight or an edge can give you an advantage. Rather than “don’t put all your egg’s in one basket” , “Put all your egg’s in one basket & watch that closely”.

 

9. Investing Research

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

“I’ve always believed a single analyst working hard can cover a large investing landscape”. Michael Burry is living proof of this when he discovered the major issue with the US housing market, in the movie the big short.

Legendary Investor Peter Lynch also believes the average retail investor can beat the big guys on Wall Street using their own “information edge” and unique insights from your own personal experience. 

10. Mother of all Crashes

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

“The Mother of all crashes is coming in Meme stocks”. Michael Burry despite being an early investor into Gamestop believes wide speculation has taken over and ultimately it will correct to fundamentals.

BONUS: Investing Passion

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

Michael Burry big short quotes motivation 2 invest (9). www.Motivation2invest.com/Michael-Burry-Quotes

“I don’t take breaks in my search for value, no golf to distract me…searching for value is what i do” . Being passionate, driven and a fanatic is key to being a successful investor.

Peter Lynch once stated “The person who turns over the most rocks, wins”. Warren Buffett was known to read through entire moody’s manuals of thousands of stocks doing a manual analysis of each looking for value.

Many Legendary investors continue the pursuit even though incredibly rich, they have a real passion for the game.

Want to Learn how to invest?

Many members of the Motivation 2 Invest community also have this passion and this drive to learn more each day. If you want to learn how to become a great fundamental investor or just join our thriving VIP Group. Check out the link here: https://www.motivation2invest.com/product/stock-investing-course/  

 we open the course to a limited number of members each month so be sure to reserve your spot now. Good Luck! 


Michael Burry vs Tesla  

Michael Burry quotes motivation 2 invest (2)

Michael Burry quotes motivation 2 invest (2)

Burry has a major short position against Tesla stock.
He has long put’s against 800,100 shares of Tesla worth approximately $534 million, according to a filing with the U.S. Securities and Exchange Commission.

The quote above comes from a public Twitter Battle Michael Burry had with Elon Musk.

Did Michael Burry delete his Tweets?

Yes! Michael Burry made a series of Tweets slamming Tesla stock before deleting them. Luckily we have them saved for your viewing pleasure.

On September 22nd 2020:

Burry sent a Tweet @ElonMusk slamming the Valuation of Tesla stock. 

Tweet 1. Michael Burry Vs Elon Musk 

#Tesla #BatteryDay Edition @elonmusk –

Bloomberg data: Global Autos ex-TSLA

  •  $2.3Trillion sales
  • $100Billion EBIT,
  •  $807Billion MarketCap. 
  • $TSLA $25Billion sales, no EBIT, 
  • $438Billion MarketCap. 

TSLA Reg Credit revenues a #meltingicecube.

 Global Autos@0.35x sales,TSLA @18X.

 #bubbles pic.twitter.com/YoM8z4H4lb

— Michael Burry, M.D. (@michaeljburry) September 22, 2020

Tweet 2. Michael Burry to Elon Musk about Tesla stock

Michael Burry also highlighted Tesla’s flat revenues and Tesla’s “inferior lithium iron phosphate tech” while appending the Tweet with the hashtag #bubbles.

$TSLA@FT #BigRead – sales of green regulatory credits necessary for “profitability.” Flat revs as tax credits wane/ deliveries stagnate. Inferior lithium iron phosphate tech behind #millionmilebattery means lower energy density/reduced range. #bubbles https://t.co/Z5XlzzEsJj pic.twitter.com/8wH1o6PJrM

— Michael Burry, M.D. (@michaeljburry) September 22, 2020

Tweet 3. Tesla Short Position confirmed by Michael burry

“@elonmusk, yes, I’m short $TSLA, but some free advice for a good guy….Seriously, issue 25-50% of your shares at the current ridiculous price. That’s not dilution. You’d be cementing permanence and untold optionality. If there are buyers, sell that #TeslaSouffle,”   Source: The Observer

Tesla Stock Crushed like a Soufflé?

The “souffle” mention was a reference to the warning Musk gave to Tesla employees quote: “Tesla’s stock price will immediately get crushed like a soufflé under a sledgehammer” if Tesla doesn’t reach the profitability Wall Street has already priced into the stock.

Tesla Stock has surged more than 20,000% since going public in 2021. 

Driven by Tesla Business improvements, Electric Vehicle Demand & the great leadership (& showmanship) of Elon Musk. 

Just in 2020, Tesla’s share rose astronomically up over 700% , this created many happy Tesla Investors (Including myself) & even multiple “Teslanaires”. 

Many Wall Street analysts were left flat footed when the momentum hit Tesla stock.   

Short sellers lost $38 billion over the course of Tesla’s historic 2020 rally.  Tesla Famously Created some “Tesla Shorts” to provoke fun at the Short sellers (they sold out immediately!). 

tesla shorts sell out

tesla short sellers sell out. Source: NY POST

Elon Musk May be Selling Tesla Stock & Valuation

 


 
Michael Burry Quotes Gallery
Top 10 Brilliant Quotes from Bill Ackman | Investing Strategy

Top 10 Brilliant Quotes from Bill Ackman | Investing Strategy

What is Bill Ackman’s Investing Strategy?

Bill Ackman is a legendary activist investor & billionaire,  he is known for making big bets against the consensus & being right! 

His strategy was originally influenced by Warren Buffett & he considers himself value investor at heart, but it’s clear his strategy is much bolder & more fitting to an activist investor. 

Investing Strategy:  Activist Investor, Short Seller, Contrarian, Value Investor

What did Bill Ackman major In?

Bill Ackman surprisingly studied Social Studies at Harvard College. In 1988 He achieved a Bachelor of Arts degree magna cum laude. In 1992, he received an MBA from Harvard Business School.

Bill Ackman Background

Bill Ackman’s father is Larry Ackman who is now on the advisory board for the Pershing square foundation. Bill Ackman was Married to Karen Ann Herskovitz between (1994 and 2017) and Neri Ocman from 2019.

BEST BILL ACKMAN QUOTE MOTIVATION 2 INVEST Quotes (54)

BEST BILL ACKMAN QUOTE MOTIVATION 2 INVEST Quotes (54) Credit: www.Motivation2invest.com/Bill-Ackman

Top 10 Investing Quotes by Bill Ackman

10. Persistent

Bill Ackman Quotes Motivation 2 invest (4)

Bill Ackman Quotes Motivation 2 invest (4)

Bill Ackman is extremely persistent & outspoken, when he believes he is right. This can work positively when it pay’s off (MBI Case) but can also work negatively when thinks don’t work out (Herbal Life). See Unpacking Bill Ackman’s 10 Best & Worst Trades 

9. Focused Portfolio

Bill Ackman Quotes Motivation 2 invest (1). Motivation2invest.com

Bill Ackman Quotes Motivation 2 invest (1). Motivation2invest.com

Although diversification is heavily touted as the best investment strategy by business school’s, many legendary investors believe the opposite.

Warren Buffett & Bill Ackman both ideally would like to put more money into their best idea where they have real insight than in their 2nd and 3rd best.

This goes against conventional wisdom but actually makes sense as your “circle of competence” can only be so large. It is close to impossible to know everything about everything. 

8. Invest into free cash flow generating businesses

Bill Ackman Quotes Motivation 2 invest (3). Credit: www.motivation2invest.com/bill-ackman-quotes

Bill Ackman Quotes Motivation 2 invest (3). Credit: www.motivation2invest.com/bill-ackman-quotes

This is a classic part of the Benjamin Graham & Warren Buffett investing strategy, look for businesses which generate good free cash flow and with a strong moat.

Free Cash Flow is the cash left after all capital expenditure. You can think of free cash flow as the “cash left in the till” available to pay out to shareholders as a dividend or buy back stock.  

7. Invest into Businesses with a Competitive Advantage

Bill Ackman Quotes Motivation 2 invest (10)

Bill Ackman Quotes Motivation 2 invest (10). www.Motivation2invest.com/Bill-Ackman-Quotes

“We invest into businesses with a durable competitive advantage” A moat is a competitive advantage which can keep competitors out. This could be a Network Effect (Facebook), Economies of Scale (Amazon) , Monopoly (Google) , Technology (Tesla) etc. 

6. Independent Thinker

Bill Ackman Quotes Motivation 2 invest (2)

Bill Ackman Quotes Motivation2invest.com/Bill-Ackman-Trades Bill Ackman Quotes Motivation 2 invest (10). www.Motivation2invest.com/Bill-Ackman-Quotes

“I’m always prepared to do the right thing, regardless of what others think of me” . Being an independent thinker is a crucial trait for investing success, at some points you may need to better against the consensus and ignore the noise from outside media & criticism. This is not just great advice for investing, but also life. 

5. Be prepared to look silly.

Bill Ackman Quotes Motivation 2 invest (5)

Bill Ackman Quotes Motivation 2 invest (5)Bill Ackman Quotes Motivation 2 invest (10). www.Motivation2invest.com/Bill-Ackman-Quotes

“In Investing you can look silly for a long period of time before being proven right”. When you make bold bet’s against the consensus, be prepared to look silly for very long periods of time, people may criticise and call you crazy…this is normal.

For example in Bill Ackman’s battle against MBIA (Bond Insurer) he believed the bonds of the company were wrongly rated and would crash.

He first opened a position shorting the companies stock in 2002.  Then after many years of battling both MBIA and outside criticism he was proven right when the 2007 financial crisis caused the stock to plunge. Read more here: Bill Ackman’s Trades

4. Be Rational

Bill Ackman Quotes Motivation 2 invest (10). www.Motivation2invest.com/Bill-Ackman-Quotes

Bill Ackman Quotes Motivation 2 invest (10). www.Motivation2invest.com/Bill-Ackman-Quotes

“I am not emotional When Investing, you have to be completely rational & ignore the noise”

When the Legendary Investor Warren Buffett was asked about his number one reason for success, he stated it wasn’t IQ, but being “rational”. Although this may seem easy to do and obvious it is not so easy when Fear and Greed take hold. 

3. Activist Investing

Bill Ackman Quotes Motivation 2 invest (7). www.Motivation2invest.com/bill-ackman-quotes

Bill Ackman Quotes Motivation 2 invest (7). www.Motivation2invest.com/bill-ackman-quotes

“We look for companies which have lost their way, with new management, enormous value can be created”. An Activist investor such as Bill Ackman looks for companies where a change a management could produce significant shareholder value. Ackman then has the goal of getting enough board seats to change management control by buying up vast amounts of stock or doing a “Leveraged buyout”.

2. Rejection is the pathway to success

Bill Ackman Quotes Motivation 2 invest (6)

(6)Bill Ackman Quotes Motivation 2 invest (9).www.motivation2invest.com/bill-ackman-quotes

“If you want to be successful make sure being rejected doesn’t bother you at all”. Rejection is a necessary part of the success, although emotional it can be tough at the time the logic is strong.

JK Rowling was Turned Down By 12 Publishers before finding success With Harry Potter. Warren Buffett was rejected from Harvard Business School! Alibaba founder Jack Ma worked in KFC & learn’t English as a tour guide before founding the billion dollar company. 

1. Do what you love!

Bill Ackman Quotes Motivation 2 invest (9).www.motivation2invest.com/bill-ackman-quotes

Bill Ackman Quotes Motivation 2 invest (9).www.motivation2invest.com/bill-ackman-quotes

Life is short and to get the most out of it, doing what you love really does help. Warren Buffett often talks about doing a job you would do for free if you had to.

For investors like Bill Ackman and Warren Buffett, it is clear they love the game of researching & investing into great companies.

Want to Learn how to invest?

Many members of the Motivation 2 Invest community also have this passion and this drive to learn more each day. If you want to learn how to become a great fundamental investor or just join our thriving VIP Group. Check out the link here: https://www.motivation2invest.com/product/stock-investing-course/  

 we open the course to a limited number of members each month so be sure to reserve your spot now. Good Luck! 

Warren Buffett Quotes

Warren Buffett Quotes

Investor Bill Ackman | Top 10 Best Quotes