Always Quote by Dan Gilbert
“When we do an investment, we always ask, 'Can we affect the outcome? When buying a company, can we have an impact?' That's a different style of investing than a passive investor in the stock market. To me, that's how you're taking the risk out of it. You know what your capability is and how you can enhance value.”
About This Quote
Source Speech: Interview on Investment Philosophy, 2020
Investors should focus on opportunities where they can actively influence outcomes rather than passive holdings.
In simple terms: Focus on influence over passive investing.
Seek investments where you can add value.
Themes
Mood
Type
When to use this quote
- venture capital
- private equity
- business turnarounds
- strategic partnerships
Key Concepts
Questions to Reflect On
- How can you assess your ability to impact a target?
- What risks arise from overestimating influence?
Passive investing may limit control over returns.