Advisors Quotes - Page 4

• You can hire your advisor and then just apply a windage factor, like I used to do when I was a rifle shooter. I'd just adjust for so many miles an hour wind. Or you can learn the basic elements of your advisor's trade. You don't have to learn very much, by the way, because if you learn just a little then you can make him explain why he's right.

  Charlie Munger

  Wind, Rifles, Elements

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• Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.

  Warren Buffett

  Naked, Acquisition, Fairy Tale

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• There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.

  Warren Buffett

  Long, Decision, Important

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• It was actually a lot more helpful to have Calvin Hart, a cop, as my template. He was also my technical advisor on Shaft. This time, I kinda got to go to Jersey City with him, and hang around, and watch him interact with other cops, people in the projects, and see what it means to be him. People call him 'Big Daddy' and he's this larger-than-life hero to a lot of people.

  Samuel L. Jackson

  Hero, Mean, Cities

  "Green Eggs and Sam". Interview with Kam Williams, aalbc.com.

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• People who hold on to grudges, insist on being right, and try to change other’s minds have a difficult time maintaining healthy, happy relationships. Surrendered people easily forgive. They are open to new ideas, and aren’t attached to being “right.” As a result, people love working and collaborating with them. Others seek them out as mediators and advisors. They are more laid back and relaxed than their rigid counterparts, which makes them highly valued by others. They are passionate and emotional.

  Judith Orloff

  Emotional, Ideas, People

  "7 Habits Of Surrendered People". omtimes.com. April 6, 2014.

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• Women look at their bodies, and they're never thin enough. The financial advisors that I've talked to say they ask their clients, "How much money do you need in order to feel secure?" "X amount." Then, as soon as the client got the amount, it would double automatically.

  Geneen Roth

  Order, Needs, Looks

  Interview with Suza Scalora, www.marandapleasantmedia.com. September 1, 2013.

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• I ran for president. I ran for governor twice. And I've been the governor now for nearly seven years. I find that the people who are my best advisors are the people who are smart enough to give me really good advice and smart enough to keep their mouths shut about what advice they give me. And so if I want advisors that way, that's the kind of advisor I'm going to be for Donald Trump.

  Chris Christie

  Smart, Years, People

  "Gov. Chris Christie and DNC Chair Donna Brazile". "This Week", abcnews.go.com. August 28, 2016.

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• When I was a child I could do math and art, so I had left- and right-brain capabilities. But I've seen my children, who are more right-brained, struggling. My son was told he wouldn't make it to college, but he dogged it through and ended up being accepted by 10 major art schools after the high school advisor said, "Please don't apply. You're going to be disappointed." That kid's an artist now.

  Frank Gehry

  Art, Children, Struggle

  Interview with David Sheff, www.playboy.com. March 1, 2011.

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• One gets the impression that Elvis Presley does what his business advisors think will be most profitable. My advice to them: Put Elvis Presley in the studio with a bunch of good, contemporary rockers, lock the studio up, and tell him he can't come out until he's done made an album that rocks from beginning to end.

  Jon Landau

  Thinking, Rocks, Advice

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• As an advisor, I can say what I want. If I were a politician, I would constantly have to compromise, and I'm incapable of doing that.

  Azim Premji

  Want, Compromise, Politician

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• The real secrets start leaking out when there are too many secrets because people can't remember what's a real secret. There's a very famous line by National Security Advisor McGeorge Bundy: "If you guard your toothbrushes and your diamonds with equal zeal, you'll lose fewer toothbrushes and more diamonds." And that's where we are right now.

  Ted Gup

  Real, People, Secret

  Source: www.motherjones.com

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• Joschka Fischer was a Green Party politician and Germany's foreign minister. We hired Mr. Fischer, as well as former US Secretary of State Madeleine Albright, as advisors because we, as an automaker, want to know, for example, how new emissions laws will develop in the United States, Europe and Asia. Fischer and Ms. Albright have diverse contacts worldwide. They can call our attention to trends early on, information from which we can benefit.

  Norbert Reithofer

  Party, Europe, Law

  Source: www.spiegel.de

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• There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors - large and small - should instead read Jack Bogle's The Little Book of Common Sense Investing.

  Warren Buffett

  Running, Song, Book

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• Perhaps the most important job of a financial advisor is to get their clients in the right place on the efficient frontier in their portfolios. But their No. 2 job, a very close second, is to create portfolios that their clients are comfortable with. Advisors can create the best portfolios in the world, but they won't really matter if the clients don't stay in them.

  Harry Markowitz

  Jobs, Important, Matter

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• [What if my advisor talks only about returns, not risk?] ... It's his job to take risk into account by telling you the range of possible outcomes you face. If he won't, go get a new planner, someone who will get real.

  William Forsyth Sharpe

  Jobs, Real, Risk

  "The man who explained it all". Interview with Jason Zweig, money.cnn.com. July 6, 2007.

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• Thankfully, in my youth I had the best financial advisor a son could ask for: my dad Walter. When I got that first signing bonus in 1978, Dad took my cheque, announced, 'This is what we're going to do,' and bought an annuity with it.

  Wayne Gretzky

  Dad, Son, Firsts

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• If you're uncomfortable with your financial advisor, it's probably with good reason.

  Nancy Dunnan

  Financial, Reason, Uncomfortable

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• Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.

  Warren Buffett

  Long, Tools, Use

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• At 2:26 AM on 3 June 1980, Colonel William Odom of the Strategic Air Command alerted National Security Advisor Zbigniew Brzezinski that the US nuclear warning system had detected an imminent 220-missile nuclear attack on the US. Shortly thereafter, the automated system revised its projection from 220 missiles to an all-out attack of 2200 missiles. Just before Brzezinski was about to wake up President Carter to authorize a counterattack, he was told that the 'attack' was an illusion caused by 'a computer error in the system'.

  Stansfield Turner

  Air, Errors, June

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• On one project I was hanging out with Brad Pitt, and Ryan Gosling, and Steve Carrel, and Christian Bale, and trying to explain economics to them for a movie I'm an advisor on.

  David Plotz

  Christian, Trying, Economics

  Source: www.slate.com

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• I think I might have a bad psychic advisor. When I asked her to contact the dead, she gave me Keith Richards' phone number.

  David Letterman

  Thinking, Phones, Psychics

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• I learned that the political is above the legal, that's why when my advisors tell me, Evo, what you are doing is illegal, I say, if it is illegal, then do it legal, you have studied for that".

  Evo Morales

  Political, Illegal, Ifs

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• The reason so many financial advisors are called brokers is because they are often broker than you.

  Robert Kiyosaki

  Financial, Reason, Brokers

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• The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing.

  Charlie Munger

  Intelligent, Growth, Investing

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• Think of yourself as a resource to your clients;an advisor,counselor,mentor and friend.

  Brian Tracy

  Thinking, Mentor, Clients

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