Been Quote by Mary Meeker
“One of the greatest investments of our lifetime has been New York City real estate, and investors made the highest returns when they bought stuff during the 1970s and 1980s when people were getting mugged. The lesson is that you make the most money when you buy stuff that's out of consensus.”
About This Quote
Source Interview: Mary Meeker's 2015 Internet Trends Report
Investing against popular opinion, especially in distressed markets, can yield outsized returns.
In simple terms: Buy low when others are fearful.
Seek contrarian opportunities.
Themes
Mood
Type
When to use this quote
- Buying property in high‑crime neighborhoods
- investing during economic downturns
- entering emerging markets
Key Concepts
Questions to Reflect On
- What market are you ignoring?
- How do you assess true value beyond hype?
High risk can lead to loss if fundamentals are weak.