We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good investments and that you wanted to be in good investments, and therefore, you'd just find a few of them that you knew a lot about and concentrate on those seemed to me such an obviously good idea. And indeed, it's proven to be an obviously good idea. Yet 98% of the investing world doesn't follow it. That's been good for us.
Women tend to live longer than men do. Women tend to have, unfortunately, their salaries peaked sooner than men's do. Both of these things are extraordinarily important in putting together financial and investing plans for women.
The research indicates that when we women invest, we women do tend to be more patient, take a longer-term perspective and as a result of it, tend to be better investors than men. But the messages we get are that investing is sort of 'the guys' world.'
One of the last things that my dad and I discussed, and it sticks with me today, is that he no longer believed in the concept of Good Guy/Bad Guy. He believed in the idea that one guy is trying to beat the other. However, he would say, 'You can be a Good Guy/Bad Guy, or you can just be a star.'
To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there's a cost to sitting in cash. No one talks about that cost.
And indeed when we are no longer in love with women whom we meet after many years, is there not the abyss of death between them and ourselves, just as much as if they were no longer of this world, since the fact that we are no longer in love makes the people that they were or the person that we were then as good as dead?
There's a herd instinct, and every time that people hear an announcement such as PayPal's in Dundalk, they start thinking, 'Ireland must be good if they're investing there', and by extension, 'Dundalk must be good, so let's have a look at it.'
We must drop the idea that change comes slowly. It does ordinarily - in part because we think it does. Today changes must come fast; and we must adjust our mental habits, so that we can accept comfortably the idea of stopping one thing and beginning another overnight. We must discard the idea that past routine, past ways of doing things, are probably the best ways. On the contrary, we must assume that there is probably a better way to do almost everything. We must stop assuming that a thing which has never been done before probably cannot be done at all.
No, it's interesting to remake a film for the contemporary audience today. I think it's a good idea; it needs to respect the original idea. Don't just take the title and change everything else.
We're investing billions of dollars in housing, in home care on the medical side. We're investing billions of dollars in public transit that is not just creating good jobs now but is going to help people get to and from their good jobs in more reliable ways.
Investing in women and girls may once have been considered a radical notion or even a waste of resources, but in most places in the world today, women and girls are increasingly recognized as a critical link to greater prosperity, political stability, better health and public policy.
All the research shows that investing in women is a good investment
No longer should women be denied the right to vote, no longer should women be treated as second class citizens, no longer should women not be allowed to be a citizen at all.
We talk about long-term patient investing, and that idea that slow and steady does win the race, that time can be your best friend when it comes to investing. That's why we have a turtle as a logo at Ariel.
If it's a good idea, do it today. Not tomorrow. A good idea rarely gets better over time.
Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.