A Quote by Nicki Chapman
When I bought my first house in London with my husband-to-be, our surveyor said: "Nicki, you're paying top dollar, but it's not an investment," and I said: "But we're buying a home, not an investment."
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Home, the idea of home, is my principal purpose. If people have bought a house as an investment or chosen the furniture because they'll be able to sell it for more, you can tell in two minutes. You know, our parents didn't buy a house as an investment. They bought it as a place to bring you up, to give you roots.
The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.
For me, all collecting must be done out of the love of the art. That being said, investment knowledge is absolutely mandatory so that you are really buying what you think you are buying.
I rang my friend Jim Wolfensohn, who was then running a private commercial bank in New York. I said, "Come up to Vancouver", and he did. I put my proposition to him. He said, "I think it could work." I said, "Will you help us?" He said, "Yes." So, I set aside senior people in our treasury and they worked with Wolfensohn and the investment sanctions were applied. And that's what brought the regime down. The last South African Finance Minister, Barend du Plessis, went on record as saying that it was the investment sanctions that put the final nail in the coffin of apartheid.
Art is not an investment. Art is something you buy because you are financially solvent enough to give yourself a pleasure of living with great works rather than having to just see them in museums. People who are buying art at the top of the market as an investment are foolish.
I really just started buying art as a passion. I never considered it an investment, but it ended up being a good investment.
The house I've bought in London, the holidays, everything has been bought from making people laugh, and if you'd said to me when I was 14 that's how I was going to make my living, I would have smiled from ear to ear.
I think buying a home is the best investment that any individual can make
India needs three things for its energy sector: investment, investment, and investment.
When I was a little kid, I wrote this play about all these characters living in a haunted house. There was a witch who lived there, and a mummy. When they were all hassling him, this guy who bought the house - I can't believe I remember this - he said to them, 'Who's paying the mortgage on this haunted house?' I thought that was really funny.
I still think buying a home is the best investment any individual can make.
I believe that investment in sports is investment in youth. And that, in turn, is investment in the future.
Investment in the eradication of hunger today is a good business decision. If we fail to make this investment, it is doubtful that we can sustain healthy economic growth. Without this investment, our nation may disintegrate into a country sharply divided between those who have enough to eat and those who do not.
On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [banks] to go into the investment banking business as continental European investment banks could always do, that it might give us a more stable source of long-term investment.
I presumably lost $150,000 in the depression of 1937—on my one stock investment—because I did everything Lehman Brothers told me. I said, well, this is a fool’s procedure . . . buying stock in other people’s businesses.
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.
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