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A good trader has to have thr...

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 17 quotes

If you see a wonderful archai...

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 17 quotes

The Orthodox believe in Jewis...

The Orthodox believe in Jewish literacy, and most of the rest of us couldn't care less. Rabbis and other creatures have a monopoly on Judaism. This is a turnoff in a world that is increasingly secular and that has turned away from religion. Jews are simply turning away from Judaism.

Michael Steinhardt 17 quotes

Part of my attraction to anci...

Part of my attraction to ancient art is that there is an element of risk, of speculation.

Michael Steinhardt 17 quotes

In North America, the greates...

In North America, the greatest threat to the Jewish people is not the external force of antisemitism, but the internal forces of apathy, inertia and ignorance of our own heritage.

Michael Steinhardt 17 quotes

Speculative joy, the joy deri...

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 17 quotes

I was happier when pursuing s...

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 17 quotes

Time and again, in every mark...

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 17 quotes

Just as outright euphoria is ...

Just as outright euphoria is often a sign of a market top, fear is for sure a sign of a market bottom. Time and time 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 treasury bills, you can almost close your eys and get long stocks.

Michael Steinhardt 17 quotes

Art is a form of asset. Hedge...

Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.

Michael Steinhardt 17 quotes

The hardest thing over the ye...

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. The hard part is that the investor must measure himself not by his own perceptions of his performance, but by the objective measure of the market. The market has its own reality. In an immediate emotional sense the market is always right so if you take a variant point of view you will always be bombarded for some time by conventional wisdom as expressed by the market.

Michael Steinhardt 17 quotes

The hardest thing over the ye...

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 17 quotes

You have to be intellectually...

You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth.

Michael Steinhardt 17 quotes

Brokerage firms don't sell cu...

Brokerage firms don't sell customers stock so much as they sell those horrible mutual funds

Michael Steinhardt 17 quotes

The markets are always changi...

The markets are always changing, and the successful trader needs to adapt to these changes.

Michael Steinhardt 17 quotes

One of the most important ana...

One of the most important analytic tools when assessing an investment is an intellectually advantaged disparate view. This includes knowing more and perceiving the situation better than others do. It is also critical to have a keen understanding of what the market expectations for any investment truly are. Thus, the process by which a disparate perception, when correct, becomes consensus should lead to meaningful profit. Understanding market expectation is at least as important as, and often different from fundamental knowledge.

Michael Steinhardt 17 quotes

In the 1950s and 1960s, the h...

In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys.

Michael Steinhardt 17 quotes

The markets are always changin...

The markets are always changing, and the successful trader needs to adapt to these changes.

Michael Steinhardt 17 quotes

In North America, the greatest...

In North America, the greatest threat to the Jewish people is not the external force of antisemitism, but the internal forces of apathy, inertia and ignorance of our own heritage.

Michael Steinhardt 17 quotes

A little part of my life is bu...

A little part of my life is built around ancient art.

Michael Steinhardt 17 quotes

Добрые, щедрые, великодушные: 6 советских актеров, которые были всеобщими любимчиками

23

Советских актёров часто ставят в пример как образец духовной силы, национальной гордости и внутренней красоты. Они стали символами эпохи, носителями культуры и нравственности. Но, как известно, за кул...

Десять кинозвезд, которые отлично поют

83

Актеры — люди творческие, но кто бы мог подумать, что некоторые из них скрывают прекрасный голос. В эпоху раннего Голливуда актеров с музыкальными способностями было немало — это считалось скорее норм...

Мэрилин Монро, Ким Кардашьян и другие

115

Неузнаваемая Ким Кардашьян в объективе фотографа Маркуса Клинко, 2009 год. Памела Андерсон в самой первой съёмке для журнала «Playboy», 1990. На фото голливудская актриса Dorothy Lamour и шимпанзе Джи...

Что стало с детьми-звездами: Рэдклифф и компания спустя годы

219

Расскажем, как сложилась судьба актеров, которые начинали сниматься еще в детстве.
Остаться на вершине в Голливуде удаётся не каждому, особенно если путь начался в детстве. Одни актёры теряются из-за...

Жизнь за границей: как изменились судьбы 7 уехавших телеведущих

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Два года назад отечественное телевидение столкнулось с беспрецедентной кадровой тектоникой — целая группа ярких и узнаваемых ведущих стремительно исчезла с экранов федеральных каналов. Эти лица долгие...

Кира Найтли, Деми Мур и другие

165

Кира Найтли на страницах журнала к выходу фильма «Пиджак», 2005. Следы динозавра, раскопанные в русле реки Палакси. Техас. США. 1952г. Самая большая женщина рядом с самым маленьким мужчиной, 1922 год....