--- title: "Meaning & Key Takeaway of: I don't take investment advice from…" description: "\"I don't take investment advice from wealth managers. I have grown several businesses from scratch and amassed many millions from my publishing empire -..." image: "https://sms4smile.com/quotes/i/c85/felix-dennis-3862_advice_i-don-t-take-investment-advice-from-weal_1921047.jpg" --- # I don't take investment advice from wealth managers. I… ![“I don't take investment advice from wealth managers. I have grown several businesses from scratch and amassed many millions from my publishing empire - why would I take advice from someone who has never experienced that?” quote by Felix Dennis](https://sms4smile.com/quotes/i/c85/felix-dennis-3862_advice_i-don-t-take-investment-advice-from-weal_1921047.jpg) [Download](https://sms4smile.com/quotes/i/c85/felix-dennis-3862_advice_i-don-t-take-investment-advice-from-weal_1921047.jpg) [Open image](https://sms4smile.com/quotes/i/c85/felix-dennis-3862_advice_i-don-t-take-investment-advice-from-weal_1921047.jpg) > “I don't take investment advice from wealth managers. I have grown several businesses from scratch and amassed many millions from my publishing empire - why would I take advice from someone who has never experienced that?” [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker distrusts advice from those lacking personal entrepreneurial success, valuing experience over formal titles. **In simple terms:** Don't trust advice from those who haven't succeeded similarly. Key Takeaway Seek counsel from proven entrepreneurs. Themes entrepreneurship trust advice experience wealth Mood skeptical determined Type motivational cautionary When to use this quote - starting a company - seeking mentorship - investing decisions - building a brand Key Concepts leadership risk self‑reliance Questions to Reflect On - Do you prioritize experience over credentials? - How can you verify the relevance of advice? A Different Perspective Advice may be sound despite different background. ★ ★ ★ ★ ★ No ratings yet [Advice](https://sms4smile.com/quotes/about/advice/) [Advice Experienced](https://sms4smile.com/quotes/about/advice-experienced-1491328/) [Advice Wealth](https://sms4smile.com/quotes/about/advice-wealth-2949670/) [Empires](https://sms4smile.com/quotes/about/empires/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Investment Advice](https://sms4smile.com/quotes/about/investment-advice-1668921/) [Management](https://sms4smile.com/quotes/about/management/) [Managers](https://sms4smile.com/quotes/about/managers/) [Millions](https://sms4smile.com/quotes/about/millions/) [Never](https://sms4smile.com/quotes/about/never/) [Publishing](https://sms4smile.com/quotes/about/publishing/) [Scratches](https://sms4smile.com/quotes/about/scratches/) [Wealth](https://sms4smile.com/quotes/about/wealth/) [Wealth Managers](https://sms4smile.com/quotes/about/wealth-managers-2949671/) [Why](https://sms4smile.com/quotes/about/why/) ## Related quotes > [There is little serenity comparable to the serenity of the inexperienced giving advice to the experienced.](https://sms4smile.com/quotes/anonymous/there-is-little-serenity-comparable-to-the-serenity-of-the/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You need to have the advice from experienced people coming from different kinds of educational and backgrounds in general, and then you can make…](https://sms4smile.com/quotes/margrethe-vestager/you-need-to-have-the-advice-from-experienced-people-coming-from/) [Margrethe Vestager](https://sms4smile.com/quotes/author/margrethe-vestager/) > [“I take my investment advice from my dentist, because he’s just as likely to lose me money as a financial advisor.”](https://sms4smile.com/quotes/jarod-kintz/i-take-my-investment-advice-from-my-dentist-because-he-s-just-as/) [Jarod Kintz](https://sms4smile.com/quotes/author/jarod-kintz/) > [Never take investment advice from those who have to work every day for a living.](https://sms4smile.com/quotes/vikrant-parsai/never-take-investment-advice-from-those-who-have-to-work-every-day/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [I don't give investment advice.](https://sms4smile.com/quotes/craig-mccaw/i-don-t-give-investment-advice/) [Craig McCaw](https://sms4smile.com/quotes/author/craig-mccaw/) > [My investment advice is rooted in my understanding of economics.](https://sms4smile.com/quotes/peter-schiff/my-investment-advice-is-rooted-in-my-understanding-of-economics/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [With the greatest of respect, I have watched Apple from the day it started. I was publishing magazines about the Apple II before most…](https://sms4smile.com/quotes/felix-dennis/with-the-greatest-of-respect-i-have-watched-apple-from-the-day-it/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [Publishing magazines for yourself is not good business, man.](https://sms4smile.com/quotes/felix-dennis/publishing-magazines-for-yourself-is-not-good-business-man/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [A fiddler on the roof. Sounds crazy, no? But here, in our little village of Anatevka, you might say every one of us is…](https://sms4smile.com/quotes/sheldon-harnick/a-fiddler-on-the-roof-sounds-crazy-no-but-here-in-our-little-village/) [Sheldon Harnick](https://sms4smile.com/quotes/author/sheldon-harnick/) > [“And while we're on the subject, I know you were wondering, and yes, I was checking you out. It had nothing to do with…](https://sms4smile.com/quotes/heather-hildenbrand/and-while-we-re-on-the-subject-i-know-you-were-wondering-and-yes-i/) [Heather Hildenbrand](https://sms4smile.com/quotes/author/heather-hildenbrand/) > [To this day I over prepare. I draw storyboards for every scene - chicken scratches so crude that they amuse and horrify the crew.…](https://sms4smile.com/quotes/eric-stoltz/to-this-day-i-over-prepare-i-draw-storyboards-for-every-scene-chicken/) [Eric Stoltz](https://sms4smile.com/quotes/author/eric-stoltz/) > [I am actually working on The Neighbors sitcom. We are starting from scratch. I am also working on a comedy movie and a vampire…](https://sms4smile.com/quotes/tommy-wiseau/i-am-actually-working-on-the-neighbors-sitcom-we-are-starting-from/) [Tommy Wiseau](https://sms4smile.com/quotes/author/tommy-wiseau/) > [And then another letter had come from Christopher, so devastating that Amelia wondered how mere scratches of ink on paper could rip someone's soul…](https://sms4smile.com/quotes/lisa-kleypas/and-then-another-letter-had-come-from-christopher-so-devastating-that/) [Lisa Kleypas](https://sms4smile.com/quotes/author/lisa-kleypas/) > [I don't think I've ever done a character like this before, so I couldn't really draw from previous roles. I've been known for doing…](https://sms4smile.com/quotes/tamsin-egerton/i-don-t-think-i-ve-ever-done-a-character-like-this-before-so-i-couldn/) [Tamsin Egerton](https://sms4smile.com/quotes/author/tamsin-egerton/) > [It is very pleasant to scratch an itching ring-worm, but the sensation one gets afterwards is very painful and intolerable. In the same way…](https://sms4smile.com/quotes/ramakrishna/it-is-very-pleasant-to-scratch-an-itching-ring-worm-but-the-sensation/) [Ramakrishna](https://sms4smile.com/quotes/author/ramakrishna/) ## More by Felix Dennis > [I should have liked to get married, but over many decades I have lived essentially alone. I go to sleep when I'm tired, get…](https://sms4smile.com/quotes/felix-dennis/i-should-have-liked-to-get-married-but-over-many-decades-i-have-lived/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [It's a long, slow sunset for ink-on-paper magazines, but sunsets can produce vast sums of money.](https://sms4smile.com/quotes/felix-dennis/it-s-a-long-slow-sunset-for-ink-on-paper-magazines-but-sunsets-can/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [I love the business of business; I love the risk raking.](https://sms4smile.com/quotes/felix-dennis/i-love-the-business-of-business-i-love-the-risk-raking/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [People really do not have time to read all the newspapers in the world and all the sites that we now commonly use on…](https://sms4smile.com/quotes/felix-dennis/people-really-do-not-have-time-to-read-all-the-newspapers-in-the/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [Fear not. For fear itself is fed by fear, and all fears pass. Did no one tell you so? Come take my hand, my…](https://sms4smile.com/quotes/felix-dennis/fear-not-for-fear-itself-is-fed-by-fear-and-all-fears-pass-did-no-one/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [False praise is worse than no praise.](https://sms4smile.com/quotes/felix-dennis/false-praise-is-worse-than-no-praise/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > ['The Week' is my favourite magazine. Everyone from presidents to CEOs of companies love it, politicians, people in the massive charity business in America,…](https://sms4smile.com/quotes/felix-dennis/the-week-is-my-favourite-magazine-everyone-from-presidents-to-ceos-of/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [Talent is indispensable, although it is 'always' replaceable. Just remember the simple rules concerning talent: Identify It, Hire It, Nurture It, Reward It, Protect…](https://sms4smile.com/quotes/felix-dennis/talent-is-indispensable-although-it-is-always-replaceable-just/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [I cannot abide being bored.](https://sms4smile.com/quotes/felix-dennis/i-cannot-abide-being-bored/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [Publishing magazines for yourself is not good business, man.](https://sms4smile.com/quotes/felix-dennis/publishing-magazines-for-yourself-is-not-good-business-man/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [Posthumous reputations have little to do with real lives.](https://sms4smile.com/quotes/felix-dennis/posthumous-reputations-have-little-to-do-with-real-lives/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [Good ideas are like Nike sports shoes. They may facilitate success for an athlete who possesses them, but on their own they are nothing…](https://sms4smile.com/quotes/felix-dennis/good-ideas-are-like-nike-sports-shoes-they-may-facilitate-success-for/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [The best thing about being immensely wealthy is not having to be in any particular place at any particular time doing a particular task…](https://sms4smile.com/quotes/felix-dennis/the-best-thing-about-being-immensely-wealthy-is-not-having-to-be-in/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [What is negotiation but the accumulation of small lies leading to advantage?](https://sms4smile.com/quotes/felix-dennis/what-is-negotiation-but-the-accumulation-of-small-lies-leading-to/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) > [Obviously, waste disposal is an enormous and fantastic industry.](https://sms4smile.com/quotes/felix-dennis/obviously-waste-disposal-is-an-enormous-and-fantastic-industry/) [Felix Dennis](https://sms4smile.com/quotes/author/felix-dennis/) [Explore all 120 Felix Dennis quotes ](https://sms4smile.com/quotes/author/felix-dennis/) ## More Advice quotes > [The sensible person is always serious about sensible advice.](https://sms4smile.com/quotes/mak-786/the-sensible-person-is-always-serious-about-sensible-advice/) [Mak\_786](https://sms4smile.com/quotes/author/mak-786/) > [I ask for tips, for advice. What I have also learnt is that I need to do things that are good for me. In…](https://sms4smile.com/quotes/matthijs-de-ligt/i-ask-for-tips-for-advice-what-i-have-also-learnt-is-that-i-need-to/) [Matthijs de Ligt](https://sms4smile.com/quotes/author/matthijs-de-ligt/) > [Don't get too attached to someone you know you can't be together with.](https://sms4smile.com/quotes/anurag-prakash-ray/don-t-get-too-attached-to-someone-you-know-you-can-t-be-together-with/) [Anurag Prakash Ray](https://sms4smile.com/quotes/author/anurag-prakash-ray/) > [A low-minded person should not be given good advice.](https://sms4smile.com/quotes/chanakya/a-low-minded-person-should-not-be-given-good-advice/) [Chanakya](https://sms4smile.com/quotes/author/chanakya/) > [The worst advice? 'Don't listen to the critics.' I think that you really ought to listen to the critics, because sometimes they're telling you…](https://sms4smile.com/quotes/stephen-king/the-worst-advice-don-t-listen-to-the-critics-i-think-that-you-really/) [Stephen King](https://sms4smile.com/quotes/author/stephen-king/) > [When I was in my twenties and just so sexually prolific, the first time I went to Machu Picchu, this guy, a spiritual teacher,…](https://sms4smile.com/quotes/woody-harrelson/when-i-was-in-my-twenties-and-just-so-sexually-prolific-the-first/) [Woody Harrelson](https://sms4smile.com/quotes/author/woody-harrelson/) > [The best way to succeed in this world is to act on the advice you give to others.](https://sms4smile.com/quotes/napoleon-hill/the-best-way-to-succeed-in-this-world-is-to-act-on-the-advice-you/) [Napoleon Hill](https://sms4smile.com/quotes/author/napoleon-hill/) > [Time is priceless. You have it, but you don't own it. You spend it, but you can't keep it. And once it's gone, there's…](https://sms4smile.com/quotes/anonymous/time-is-priceless-you-have-it-but-you-don-t-own-it-you-spend-it-but/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You don't need to take a persons advice to make him feel good, just ask him for it.](https://sms4smile.com/quotes/laurence-j-peter/you-don-t-need-to-take-a-persons-advice-to-make-him-feel-good-just/) [Laurence J. Peter](https://sms4smile.com/quotes/author/laurence-j-peter/) > [Some of the things that we hold onto the most, are the things that we need to let go of.](https://sms4smile.com/quotes/ryaj-ablando-catayas/some-of-the-things-that-we-hold-onto-the-most-are-the-things-that-we/) [Ryaj Ablando Catayas](https://sms4smile.com/quotes/author/ryaj-ablando-catayas/) > [“If your clothes are enough to drive would-be friends away, they're not the kind of friends you want." Typical mother advice. Sweet, honest, and…](https://sms4smile.com/quotes/aprilynne-pike/if-your-clothes-are-enough-to-drive-would-be-friends-away-they-re-not/) [Aprilynne Pike](https://sms4smile.com/quotes/author/aprilynne-pike/) > [“My kingdom not for a horse, but for a good piece of advice!”](https://sms4smile.com/quotes/mehmet-murat-ildan/my-kingdom-not-for-a-horse-but-for-a-good-piece-of-advice/) [Mehmet Murat ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [I always advise people not to act upon the advice that I give them.](https://sms4smile.com/quotes/vikrant-parsai/i-always-advise-people-not-to-act-upon-the-advice-that-i-give-them/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [ \[A\]s you partake of the world's bill of fare, that's darned good advice to follow. Do a lot of spitting out the hot air.… ](https://sms4smile.com/quotes/dr-seuss/a-s-you-partake-of-the-world-s-bill-of-fare-that-s-darned-good-advice/) [Dr. Seuss](https://sms4smile.com/quotes/author/dr-seuss/) > [My relationship with Ibrahimovic was completely neutral. He is not the type of player to approach the younger players and give them advice. He…](https://sms4smile.com/quotes/kingsley-coman/my-relationship-with-ibrahimovic-was-completely-neutral-he-is-not-the/) [Kingsley Coman](https://sms4smile.com/quotes/author/kingsley-coman/) [Browse all 8,535 Advice quotes ](https://sms4smile.com/quotes/about/advice/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "I don't take investment advice from wealth managers. 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