---
title: "Meaning & Key Takeaway of: It is interesting that the investment…"
description: "\"It is interesting that the investment industry has invented new ways to lose money when the old ways seemed to work just fine.\" — John G. Stumpf"
image: "https://sms4smile.com/quotes/i/2d9/john-g-stumpf-78908_customer_it-is-interesting-that-the-investment-in_1900867.png"
---

#  It is interesting that the investment industry has…

![“It is interesting that the investment industry has invented new ways to lose money when the old ways seemed to work just fine.” quote by John G. Stumpf](https://sms4smile.com/quotes/i/2d9/john-g-stumpf-78908_customer_it-is-interesting-that-the-investment-in_1900867.png)   [Download](https://sms4smile.com/quotes/i/2d9/john-g-stumpf-78908_customer_it-is-interesting-that-the-investment-in_1900867.png) [Open image](https://sms4smile.com/quotes/i/2d9/john-g-stumpf-78908_customer_it-is-interesting-that-the-investment-in_1900867.png)

> “It is interesting that the investment industry has invented new ways to lose money when the old ways seemed to work just fine.”

John G. Stumpf

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

He critiques that financial innovation often creates new risks, despite older methods being sufficient.

**In simple terms:** New financial tricks can be risky.

Key Takeaway

Beware of unnecessary complexity.

Themes

risk innovation finance

Mood

cautious analytical

Type

critical observational

When to use this quote

- investment strategy
- regulation
- portfolio management
- risk assessment

Key Concepts

systemic risk behavioral economics

Questions to Reflect On

- What drives the creation of new financial tools?
- Are older methods truly sufficient today?

A Different Perspective

Complex products can obscure transparency.

★ ★ ★ ★ ★   No ratings yet

[Customer](https://sms4smile.com/quotes/about/customer/) [Industry](https://sms4smile.com/quotes/about/industry/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Management](https://sms4smile.com/quotes/about/management/) [Money](https://sms4smile.com/quotes/about/money/) [Old ways](https://sms4smile.com/quotes/about/old-ways/) [Risk](https://sms4smile.com/quotes/about/risk/) [Risk management](https://sms4smile.com/quotes/about/risk-management/)

## Related quotes

> [Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment…](https://sms4smile.com/quotes/paul-krugman/surely-i-m-not-the-only-person-to-ask-the-obvious-question-how/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

> [The music industry was invented, like, 100 years ago. I'm talking about the goddess Matangi, who invented music 5,000 years ago. She was the…](https://sms4smile.com/quotes/m-i-a/the-music-industry-was-invented-like-100-years-ago-i-m-talking-about/)

M.I.A

> [I do think that in order for a company to be interesting to the investment community, there needs to be a plan; there needs…](https://sms4smile.com/quotes/marc-jacobs/i-do-think-that-in-order-for-a-company-to-be-interesting-to-the/)

[Marc Jacobs](https://sms4smile.com/quotes/author/marc-jacobs/)

> [In financial services, if you want to be the best in the industry, you first have to be the best in risk management and…](https://sms4smile.com/quotes/john-g-stumpf/in-financial-services-if-you-want-to-be-the-best-in-the-industry-you/)

John G. Stumpf

> [You want to know a sure way to lose money? Buy what's popular and don't know what you are investing in.](https://sms4smile.com/quotes/walt-whitman/you-want-to-know-a-sure-way-to-lose-money-buy-what-s-popular-and-don/)

[Walt Whitman](https://sms4smile.com/quotes/author/walt-whitman/)

> [You can never be an entrepreneur if you're afraid to lose money. It's like being a pilot who is afraid of bad weather.](https://sms4smile.com/quotes/peter-de-savary/you-can-never-be-an-entrepreneur-if-you-re-afraid-to-lose-money-it-s/)

Peter de Savary

> [If youve got an industry where youve got massive investment, it doesnt matter whether you bring in alternative supplies. You still lose the money…](https://sms4smile.com/quotes/arthur-scargill/if-youve-got-an-industry-where-youve-got-massive-investment-it-doesnt/)

[Arthur Scargill](https://sms4smile.com/quotes/author/arthur-scargill/)

> [Interestingly, we have beaten the market quite handsomely over this time frame, although beating the market has never been our objective. Rather, we have…](https://sms4smile.com/quotes/seth-klarman/interestingly-we-have-beaten-the-market-quite-handsomely-over-this/)

[Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/)

> [I would rather lose money than trust](https://sms4smile.com/quotes/robert-bosch/i-would-rather-lose-money-than-trust/)

Robert Bosch

> [A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured…](https://sms4smile.com/quotes/jesse-lauriston-livermore/a-man-may-see-straight-and-clearly-and-yet-become-impatient-or/)

[Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/)

> [No producer wants to lose money and no director wants to make a bad film. I don't think those things apply to my films.](https://sms4smile.com/quotes/harshvardhan-kapoor/no-producer-wants-to-lose-money-and-no-director-wants-to-make-a-bad/)

[Harshvardhan Kapoor](https://sms4smile.com/quotes/author/harshvardhan-kapoor/)

> [As a matter of fact, believe it or not guys, you can actually lose money in sports! I know that you'll find that shocking.](https://sms4smile.com/quotes/stan-kroenke/as-a-matter-of-fact-believe-it-or-not-guys-you-can-actually-lose/)

[Stan Kroenke](https://sms4smile.com/quotes/author/stan-kroenke/)

> [“Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.”](https://sms4smile.com/quotes/alice-schroeder/lose-money-for-the-firm-and-i-will-be-understanding-lose-a-shred-of/)

[Alice Schroeder](https://sms4smile.com/quotes/author/alice-schroeder/)

> [Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.](https://sms4smile.com/quotes/warren-buffett/rule-no-1-never-lose-money-rule-no-2-never-forget-rule-no-1/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [We lose our health to make money; then lose that money to restore our health. While worrying about future, we forget to live.](https://sms4smile.com/quotes/anonymous/we-lose-our-health-to-make-money-then-lose-that-money-to-restore-our/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

## More by John G. Stumpf

> [Irrational lenders come and go - mostly they go!](https://sms4smile.com/quotes/john-g-stumpf/irrational-lenders-come-and-go-mostly-they-go/)

John G. Stumpf

> [In financial services, if you want to be the best in the industry, you first have to be the best in risk management and…](https://sms4smile.com/quotes/john-g-stumpf/in-financial-services-if-you-want-to-be-the-best-in-the-industry-you/)

John G. Stumpf

Explore all 3 John G. Stumpf quotes

## More Customer quotes

> [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/)

[Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/)

> [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/)

[Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/)

> [The purpose of this book is to supply, in the form suitable for laymen, guidance in the adoption and execution of an investment policy.](https://sms4smile.com/quotes/benjamin-graham/the-purpose-of-this-book-is-to-supply-in-the-form-suitable-for-laymen/)

[Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/)

> [Don't think OF the market. Think AS the market.](https://sms4smile.com/quotes/michael-fishman/don-t-think-of-the-market-think-as-the-market/)

Michael Fishman

> [If Wall Street crashes, does Main Street follow? Not necessarily.](https://sms4smile.com/quotes/ben-bernanke/if-wall-street-crashes-does-main-street-follow-not-necessarily/)

[Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/)

> [The exact details of how you practice value investing will vary investor to investor, but the fundamental principle of scouring the world, looking for…](https://sms4smile.com/quotes/whitney-tilson/the-exact-details-of-how-you-practice-value-investing-will-vary/)

[Whitney Tilson](https://sms4smile.com/quotes/author/whitney-tilson/)

> [The best way to hold customers is to constantly figure out how to give them more for less.](https://sms4smile.com/quotes/philip-kotler/the-best-way-to-hold-customers-is-to-constantly-figure-out-how-to/)

[Philip Kotler](https://sms4smile.com/quotes/author/philip-kotler/)

> [Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen…](https://sms4smile.com/quotes/peter-schiff/perhaps-the-most-important-reason-to-be-skeptical-of-government/)

[Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/)

> [When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/)

[Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/)

> [Corporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying…](https://sms4smile.com/quotes/marc-ostrofsky/corporations-invest-in-sophisticated-crm-or-customer-relationship/)

[Marc Ostrofsky](https://sms4smile.com/quotes/author/marc-ostrofsky/)

> [I believe confusion is good. Worldwide market leaders gain when there is confusion in the market.](https://sms4smile.com/quotes/subhash-chandra/i-believe-confusion-is-good-worldwide-market-leaders-gain-when-there/)

[Subhash Chandra](https://sms4smile.com/quotes/author/subhash-chandra/)

> [Damn inflation, full speed ahead,' Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.](https://sms4smile.com/quotes/bill-gross/damn-inflation-full-speed-ahead-greenspan-has-said-in-both-action-and/)

[Bill Gross](https://sms4smile.com/quotes/author/bill-gross/)

> [“When companies get big, they devote most of their care and feeding to the business that got them big. This is as it should…](https://sms4smile.com/quotes/eric-schmidt/when-companies-get-big-they-devote-most-of-their-care-and-feeding-to/)

[Eric Schmidt](https://sms4smile.com/quotes/author/eric-schmidt/)

> [“Salesmanship is usually the art of making it the prospect’s problem, the salesperson’s need or desire to earn money.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/salesmanship-is-usually-the-art-of-making-it-the-prospect-s-problem/)

[Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/)

[Browse all 9,257 Customer quotes ](https://sms4smile.com/quotes/about/customer/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "It is interesting that the investment industry has invented new ways to lose money when the old ways seemed to work just fine.",
            "creator": {
                "@type": "Person",
                "name": "John G. Stumpf"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/john-g-stumpf/it-is-interesting-that-the-investment-industry-has-invented-new-ways/",
            "about": {
                "@type": "Thing",
                "name": "Customer"
            },
            "@id": "https://sms4smile.com/quotes/john-g-stumpf/it-is-interesting-that-the-investment-industry-has-invented-new-ways/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/2d9/john-g-stumpf-78908_customer_it-is-interesting-that-the-investment-in_1900867.png",
                "contentUrl": "https://sms4smile.com/quotes/i/2d9/john-g-stumpf-78908_customer_it-is-interesting-that-the-investment-in_1900867.png",
                "url": "https://sms4smile.com/quotes/i/2d9/john-g-stumpf-78908_customer_it-is-interesting-that-the-investment-in_1900867.png",
                "width": 1080,
                "height": 1080,
                "caption": "“It is interesting that the investment industry has invented new ways to lose money when the old ways seemed…” — John G. Stumpf",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "John G. Stumpf",
                    "item": "https://sms4smile.com/quotes/author/john-g-stumpf/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "It is interesting that the investment...",
                    "item": "https://sms4smile.com/quotes/john-g-stumpf/it-is-interesting-that-the-investment-industry-has-invented-new-ways/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/john-g-stumpf/it-is-interesting-that-the-investment-industry-has-invented-new-ways/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
