Clergyman's

I think what I learned is that wealth comes not just from taking risk but from constantly taking risks.
- Andy Kessler (author)

By the way, I love paradoxes.They usually mean someone doesn't understand what's really going on and you can invest in things other people ""can't know."" I start salivating when I hear that word paradox.
- Andy Kessler (author)

Economists may insist we are running a trade deficit, but in reality, we are running a margin surplus.
- Andy Kessler (author)

A product lowers the cost of doing something and eventually, customers will figure this out and buy the stuff in big volume, but they're not going to buy yet. You've got to have real conviction to step up and own this kind of company-you're staring over the edge of the waterfall, not sure when the growth is going to start.
- Andy Kessler (author)

But the stock market is not 1:1-it is not a zero sum game. So those deaf, dumb and blind economists can't find the capital flows.
- Andy Kessler (author)

I've been doing this for years. Never invest in a company with the target price for the stock in the name of the company.
- Andy Kessler (author)

The stock of the greatest company in the world is crap if every investor already thinks it is the greatest company in the world.
- Andy Kessler (author)

When you think long-term, the edge is really investing because others can't know.
- Andy Kessler (author)

You can't ever forget how precarious and humbling running money really is.
- Andy Kessler (author)

When someone pukes up a stock, it's not hard to miss. Mispriced securities all over the table. And we are there with a barf bag, collecting all we can.
- Andy Kessler (author)