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Happens Quotes

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Happens Quotes

“If a betting game among a certain number of participants I played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a persistent overall tendency for equity to flow from the many to the few. In the long run, the majority loses. The implication for the trader is that to win you have to act like the minority. If you bring normal human habits and tendencies to trading, you'll gravitate toward the majority and inevitably lose.”

“In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotionally attached to large profits. I've certainly made some of my worst trades after long periods of winning. When you're on a big winning streak, there's a temptation to think that you're doing something special, which will allow you to continue to propel yourself upward. You start to think that you can afford to make shoddy decisions. You can imagine what happens next. As a general rule, losses make you strong and profits make you weak.”

“It's been an incredible few weeks for Emma Pooley, first winning three stages in the Giro Rosa to demonstrate that she's the best climber in the women's peloton, then lining up for La Course - a race she helped to make happen - on the Champs-Elyses. So, it may come as a surprise to hear that she will retire after the Commonwealth Games road race on Sunday.”

“When I finished the juniors I felt, perhaps for about a year and a half, that everything was going to be the same and that I would be able to go out there and win any match. But it wasn't the case. I struggled. It took me time to adjust and to realise it was not going to happen like it did in the juniors. It was three years between the junior ranks and reaching the Australian Open, and even then, having reached the final against Hingis, I wasn't really realising what it would take to go higher.”

“In terms of professionally what I want to do, I want to play 15-plus more years, get to the Hall of Fame, and win a lot of championships and all that. I'd love to be the owner of a team one day. But it's way bigger than that. For me, my vision is how can I affect somebody positively every day? When you focus on other people, somehow good things happen to you. I think that's my goal. That's my vision.”