Wayne Gretzky: Not a Risk-Taker
on Friday, January 8, 2021Wayne Gretzky Money Quote saying taking risks in the stock market is too much for some who are careful with their cash. Wayne Gretzky said:
“I just like to keep my money in the bank; I’m not a big risk-taker. I don’t know anything about the stock market… I stay away from things I don’t know anything about” — Wayne Gretzky
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In this quote, Wayne Gretzky seems to be conveying his preference for a conservative financial approach. By stating that he likes to “keep my money in the bank” rather than take “big risks”, and that he “stay[s] away from things [he] don’t know anything about”, Gretzky implies he prefers the stability and security of traditional savings over speculative investments.
The quote portrays Gretzky’s perspective that when it comes to money matters, he is most comfortable maintaining liquidity through low-risk options rather than potentially volatile markets he does not fully understand. Overall, he appears to advocate sticking to financially conservative strategies within one’s risk tolerance and expertise rather than overextending beyond those boundaries in pursuit of higher returns.