“Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money.”
Quote by Bruce Kovner
Author
Bruce Kovner
Bruce Kovner (born February 27, 1945) is a renowned American hedge fund manager and philanthropist. He founded Caxton Associates, one of the most successful macro hedge funds globally. Known for his exceptional trading skills in currency and bond markets, Kovner is considered one of the most influential figures in the modern hedge fund industry. His investment strategies and risk management approaches have been widely studied and emulated by subsequent generations of traders. more
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