QuoteProject
Most investors want to do today what they should have done yesterday.
Lawrence Summers
ShareWTF𝕏

Interpretation

What this quote means

Investors often regret missed opportunities and wish they had acted sooner.

This quote highlights the common tendency among investors to reflect on past decisions with regret, wishing they had made different choices at an earlier time. It speaks to the nature of investing, where timing is crucial, and implies that procrastination or hesitation can lead to missed opportunities for success.

Themes

InvestmentOpportunityRegretActionSuccess

In practice

Example use cases

You could use this quote to encourage friends to take action on their investment strategies during a discussion.

More from Lawrence Summers

The only antidote to dangerous ideas is strong alternatives vigorously advocated.
Lawrence SummersRead
Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
Lawrence SummersRead
It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
Lawrence SummersRead
A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.
Lawrence SummersRead
We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
Lawrence SummersRead
The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.
Lawrence SummersRead

Similar quotes

I feel that if you really want an Oscar, you're in trouble. It's like wanting to be married - you'll take anybody. If you want the Oscar really badly, it becomes a naked desire and ambition. It becomes very unattractive.
Bill MurrayRead
The way to make money is to buy when blood is running in the streets.
John D. RockefellerRead
You know, God gave me a gift to do other things besides play the game of basketball.
Lebron JamesRead
I wanted to make a living, but I really was not interested in money at all. I was interested in being a great comedian.
Larry DavidRead
People always say I'm a legend, but I'm not. Not until I've defended my Olympic titles. That's when I've decided I'll be a legend.
Usain BoltRead
Your ability to discipline yourself to set clear goals, and then to work toward them every day, will do more to guarantee your success than any other single factor.
Brian TracyRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.