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Important Quotes

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Important Quotes

“I used to be a pre-industrial writer: thousands of words in a spurt and then a few days off. But as I get older, I've switched to a mode best described as 'slow and steady wins the race.' Basically, I write during the same four hours every day, after breakfast and the all-important coffee, generally in the same room and wearing the same pajamas.”

“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.”

“A positive attitude is important, but it is only part of the story. Understanding how to surmount pain, doubt, and failure is a vital component in winning the game of life.”

“The most important thing regardless of my stats or anybody else's stats is the win-loss record. In the locker room people are always telling me, you're doing this and that. I don't really pay that much attention so long as we have a 'W' in that column; that's the kind of thing that makes me really happy. It blows all stats out of the water.”