“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.” ThinkingWayLongMadeImportantBigsHappensNextWinningStrongTermLossDecisionImagineWorstSpecialEmotionalPeriodsWeakTradeProfitTemptationSomething SpecialStreaksInsidious Author:William Eckhardt
“The desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.” MayImportantSuccessDesireWinningNumbersLosingPerformancesTradeRateRelatedTradingKey To SuccessRecipe For SuccessTradersMaximizingMinimizing Author:William Eckhardt
“The whole time I was a union leader, we had to put up with John Howard and Tony Abbott attacking workers' conditions. I'm proud of being a moderate trade union official, working co-operatively between employees and employers. I'm interested in better wages for workers, better safety, job security, and, profitable companies, because I understand that if you get co-operation in the workplace, everyone wins.” IfsWholeJobsWinningCompanyLeaderConditionsSecurityProudSafetyTradeUnionsWorkersOperationsOfficialsEmployeeWorkplaceWagesModeratesEmployersAttackingProfitableTrade UnionsEmployees And Employers Author:Bill Shorten
“Building intelligent machines can teach us about our minds - about who we are - and those lessons will make our world a better place. To win that knowledge, though, our species will have to trade in another piece of its vanity.” WorldMindScienceWinningTeachPiecesBuildingLessonsMachinesIntelligentMathematicsTradeSpeciesVanityWho We AreOur WorldBetter PlaceIntelligent Machines Author:Astro Teller
“Our country is in serious trouble. We don't win anymore.We don't beat China in trade. We don't beat Japan, with their millions and millions of cars coming into this country, in trade. We can't beat Mexico, at the border or in trade.We can't do anything right. Our military has to be strengthened. Our vets have to be taken care of. We have to end Obamacare, and we have to make our country great again, and I will do that.” EndsCountryCareWinningMillionsTakenTroubleMilitaryCarSeriousBeatsTradeChinaOur CountryBordersJapanMexicoObamacareVets Author:Donald Trump