38 Whitney Tilson Quotes for You to Enjoy

Whitney Tilson

American Businessman

Born: 1966

Companies Company People Value World You

Related authors: Bill Gates Henry Ford Jim Rohn Les Brown Peter Drucker Stephen Covey Steve Jobs Warren Buffett

The mark of a wise person isn't never making mistakes - everyone makes plenty of them. Rather, it's the ability to quickly admit - and fix - them! Whitney Tilson

Wise Mistakes Making Mistakes Mark Everyone Plenty Ability Admit Rather Never Wise Person Makes Making Quickly Fix Person Them

In life, an abundance of confidence gives us higher motivation, persistence, and optimism and can allow us to accomplish things we otherwise might not have undertaken. Whitney Tilson

Life Persistence Confidence Otherwise Gives Higher Allow Abundance Undertaken Motivation Accomplish Optimism Might Us Things

No one would suggest completely ignoring news about your investments. Enron investors, for example, would have been well served to sell once early reports of accounting irregularities surfaced. But the key is to keep news in context and act only if further reflection or study indicates that the core thesis for an investment has changed. Whitney Tilson

News Key Reflection Example Changed Once Enron Further Would About Only No-One Investment Investments Investors Study For Example Well Context Been Sell Accounting Reports Act Your Ignoring Keep Thesis Served Early Suggest Core

I think that most people who complain about our government have no idea what they're talking about because they've never been to a country with a bad government. Whitney Tilson

Government People Country Think Complain Our Bad Bad Government No Idea About Never Idea Most Talking Because Been Who

If I bring to light a company that's poisoning customers, defrauding investors, or something like that... there just aren't enough regulators in the world to keep up with all of the fraud and malfeasance that goes on out there, particularly in the little nooks and crannies of the market. Whitney Tilson

World Light Enough Market Out Fraud Something Poisoning Investors Like Particularly Up Goes Just Little Customers Company Keep Bring

There's a real company in Facebook and then a lot of pretenders riding their coat tails. Whitney Tilson

Facebook Pretenders Tails Real Lot Then Coat Company Riding

While I take no pleasure in others' misfortunes, we've historically made most of our profits from other investors behaving in a panicked and irrational fashion and selling us certain stocks at prices far below their intrinsic value. More volatility equals cheaper stocks, which equals higher returns. Whitney Tilson

Fashion Value Made Other Others Panicked Our Pleasure Intrinsic More Higher Volatility Prices Take Misfortunes Cheaper Investors Most Returns Equals Historically Selling Stocks Behaving Irrational Which While Far Us Certain Profits Below

Shorting saved my butt in 2008... Shorting kept me in the game. It generates cash when the market's crashing. And that's what you want when the market's crashing - cash. Whitney Tilson

Me You Game Saved Market Cash Want Crashing Butt Kept

While there's always plenty of room for improvement, our government is actually quite effective and efficient. Our military and judicial systems and national parks are the best in the world. Unlike in countries where government corruption is rampant, I've never once been solicited for a bribe. Whitney Tilson

Government Best Corruption World National Military Rampant Our Unlike Once Plenty Systems Parks Never Countries Always Judicial Been Effective Efficient National Parks Improvement Quite Where While Room Bribe Actually

In the game of politics, both parties are sometimes guilty of passing really stupid laws that, in reality, are purely symbolic and have no real impact on anyone. Whitney Tilson

Politics Game Reality Sometimes Stupid Guilty Impact Purely Laws Both Both Parties Parties Real Passing Anyone Really Symbolic

Nirvana, to a value investor, is paying a cheap price for a company that is growing in value every year at a nice rate - this largely explains why today we own stocks like Berkshire Hathaway, McDonald's, Wal-Mart, Microsoft, Costco and Anheuser-Busch. Whitney Tilson

Today Value Year Own Nice Every Nirvana Costco Rate Price Cheap Investor Like Wal-Mart Stocks Microsoft McDonald Explains Paying Company Growing Largely Why