18 Quotes by Michael Lee-Chin

Life is not linear; you have ups and downs. It's how you deal with the troughs that defines you.

I didn't generate my success by being a prognosticator. I developed my reputation building our businesses by building great businesses and making them more efficient.

Gold is a commodity; over the long run, as we look back, it has not been a good investment. You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.

The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.

Doing business in Jamaica is not easy, but it is rewarding.

My first playpen was a cardboard box.

Private equity has been the purview of super wealthy individuals and institutions.

The philosophy to 'buy and hold' is a philosophy that I use to manage funds.

I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.