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Michael Steinhardt Quotes
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Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only [bonds], you can almost close your eyes and [buy] stocks (Michael Steinhardt Quotes)
Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas (Michael Steinhardt Quotes)
You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth. (Michael Steinhardt Quotes)
If you see a wonderful archaic Greek marble object in a museum, it’s not only that it’s beautiful, but what comes to your mind is the fact that it’s 2,600 or so years old, and it was done by a human being at that time who you have such a limited ability to grasp - and yet you have this enormous ability to grasp. (Michael Steinhardt Quotes)
Speculative joy, the joy derived from being right and being rewarded, may well be similar to the rush felt by a winning gambler. (Michael Steinhardt Quotes)
A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility. (Michael Steinhardt Quotes)
The balance between confidence and humility is best learned through extensive experience and mistakes (Michael Steinhardt Quotes)
The markets are always changing, and the successful trader needs to adapt to these changes (Michael Steinhardt Quotes)
A little part of my life is built around ancient art (Michael Steinhardt Quotes)
I was happier when pursuing success than I was when savoring its fruits; the attraction, perhaps the addiction, was in the process, as much as in its end (Michael Steinhardt Quotes)
Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake (Michael Steinhardt Quotes)
Part of my attraction to ancient art is that there is an element of risk, of speculation (Michael Steinhardt Quotes)
The hardest thing over the years has been having the courage to go against the dominant wisdom of the time, to have a view that is at variance with the present consensus and bet that view (Michael Steinhardt Quotes)