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Quote by José Maria Eça de Queirós

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José Maria Eça de Queirós

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“Don’t rely on market news flow to justify action. Trades should stand on their own merits.”

“The problem is that finance is useless. The solution is to try and do something useful with the only thing it produces: the money it makes for the winners… Meaning has to be found in what they subsequently do with the money they have made. For many of them, the most valuable thing they can do with their riches is establish a reputation outside the world of finance which matches the image they have in their own heads. It is for this reason that so many people in finance, after achieving their fortune, become obsessed with wanting to be the thing they know themselves to be: a philosopher king.”

“Money has limits. Power has boundaries. Both eventually encounter resistance. Influence, however, scales quietly. It moves through ideas, habits, language, technology, and stories. Once embedded, it doesn’t need to be enforced. It simply becomes "how things are done.”