Vince Farrell Quotes on Danger & Risk (4 Quotes)

You're not going to get rich by Tuesday, it's going to take a long time, ... Don't quit your day job and don't expose yourself to levels of risk you can't tolerate.

Gee, maybe there's some risk in the equity market and maybe I should put it on the sidelines in cash or into fixed income for a little while.

So, I think when you're at that sort of multiple level, there's very little you can do to fulfill the expectation and an awful lot that can happen that will disappoint investors and give you significant downside risks, ... Having said that, a lot of stocks in the tech sector are trading at multiples that are within a coffee cup visit of their growth rate. And I think that might make a whole lot of sense.

Mix and match the risk. If you do it well, your growth guy is not going to correlate with your value guy -- but it will keep you in the game, ... If you're all in one style and it goes bad, that's the worst thing you can do if you want to build wealth over a long period of time.