A Quote by Whitney Tilson

Independent thinking is not just helpful in becoming a successful investor, it’s required. — © Whitney Tilson
Independent thinking is not just helpful in becoming a successful investor, it’s required.
I have a bad rote memory, but I tend to learn through my experiences. And then when I went into the markets, and then starting my business as an entrepreneur, that affected my thinking a lot, too, because in order to be successful as both an investor and an entrepreneur, one has to be an independent thinker and bet against the consensus and be right. Because the consensus is built into the price, and if you're not an independent thinker in the markets you won't succeed. And if you're not an independent thinker as an entrepreneur starting out, you're not going to bring anything special.
If you're a technology investor, and you decide that you're also going to be a healthcare investor or a green-tech investor, that doesn't usually work out that well. There are reasons why people make their careers studying these things and becoming experts.
You have to make the shift from being a consumer in the economy to becoming an owner-and you do it by becoming an investor.
Being a good private equity investor is more complicated than it seems. I would say that there are a few characteristics that are important. If you look at the skill set that you need to ultimately be a successful private equity investor, at least at the senior level, you have to be, in this business, a good investor. You have to be able to help companies perform and you have to have judgment around exiting investments. If you look at the skill sets there, they include some things you can teach and some that you can't.
Everybody has to find it whatever helps. Religion is very helpful for people. A good friend is very helpful. A priest is very helpful. A rabbi is very helpful. You just have to find it. But when you get depressed or when you face a crisis, don't feel you have to do it alone.
I think my biggest fear is trying to communicate in Spanish with someone I don't know and them laughing at me or thinking it's awful, but for the most part, people I've encountered just see that I'm trying, and they're helpful. It's helpful to me to communicate with people.
The value of the security analyst to the investor depends largely on the investor's own attitude. If the investor asks the analyst the right questions, he is likely to get the right or at least valuable answers.
The more successful enterprises are the more they try to replicate, duplicate, codify what makes us great. And suddenly they're inward thinking. They're thinking how can we continue to do what we've done in the past without understanding that what made them successful is to take risks, to change and to adapt and to be responsive. And so in a sense success breeds its own failure. And I think it's true of a lot of successful businesses.
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game.
The successful investor is usually an individual who is inherently interested in business problems.
I think that becoming a successful rock band is a little like becoming a professional athlete. Nobody plans on it.
I want to be successful. Not just money. Just making a successful record and a successful show... I could feel successful without selling a million records.
I am truly an angel investor and I'am not a passive investor.As a passive investor, I am awful because I can not put funding into a company and leave it to other people.
I think women were gradually becoming more independent - the feminist movement of the Sixties didn't just spring out of nowhere.
Independent content these days can be more successful than previously because of the power of social media. However, there are still systems in place to make sure independent artists don't get as far as signed ones.
The secret of a successful art career is to make more art that folks think they need than pieces they just want. When a piece of art emotionally connects with a person the work becomes a need. You are then on your way to becoming successful.
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