Prince Alwaleed Bin Talal
“I’m getting hurt, but I’m a long-term investor.”
The founder of Kingdom Holding Company, Prince Talal of Saudi Arabia is renowned in the world of investing. Before the 2008 crash, the Prince owned a 15% stake in Citigroup. Clearly, he suffered astounding losses in the 2008 market crash but he stuck with his principle, which essentially says that stay in the market for the long haul because the market will rebound.
