“I am a graphic artist heart and soul, though I find the term artist rather embarrassing.” Quote by M. C. Escher
“I am more scared now that I was at any point since I began trading, because I recognize how ephemeral success can be in this business. I know that to be successful, I have to be frightened. My biggest hits have always come after I have had a great period and I started to think that I knew something.” ThinkingKnowsSuccessfulPeriodsScaredBeing SuccessfulFrightenedTradingEphemeral Author:Paul Tudor Jones
“Trading gives you an incredibly intense feeling of what life is all about.” GivingFeelingsLife IsIntenseTradingIntense Feelings Author:Paul Tudor Jones
“When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.” MovingClearReadyRangeLoudExpansionSignals Author:Paul Tudor Jones
“First of all, never play macho man with the market. Second, never overtrade.” MenFirstsPlayMachoMacho Man Author:Paul Tudor Jones
“In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well. It seems, perhaps, that the longer and longer you keep at it in this business the more and more time you have to expose your Achilles heel - wherever and whatever that might be.” WellsSeemsMightDoorsBillsMore TimeInvestorsQuestioningHeelsGrossIconsAchillesAchilles Heel Author:Bill Gross
“The market can move for irrational reasons, and you have to be prepared for that, ... you need to make big bets when the odds are in your favor -- not big enough to ruin you, but big enough to make a difference.” NeedsReasonEnoughBigsMovingDifferencesPreparedFavorsRuinsMaking A DifferenceOddsIrrationalBe PreparedGross Author:Bill Gross
“Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.” IfsWantWritingCountryGrowthToo MuchSpreadCreditPrintInvestorsCurrencyEquityRecessionsStagnationAusterityCheques Author:Bill Gross
“Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed.” JudgingStandardsAspectBasesBottomFirmAnalysisCyclesInvestorsEquityPrivate EquityBullish Author:Bill Gross
“Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.” WantGrowthInvestorsStandpoint Author:Bill Gross
“Microsoft could help Facebook with one of the biggest challenges, namely monetizing its traffic without reducing the user's experience. It's obvious that Microsoft needs traffic and Facebook needs search.” NeedsHelpingChallengesObviousUsersTrafficReducingMicrosoft Author:David Einhorn