If you see a wonderful archaic Greek marble object in a museum, it's not only that it's beautiful, but what comes to your mind is the fact that it's 2,600 or so years old, and it was done by a human being at that time who you have such a limited ability to grasp - and yet you have this enormous ability to grasp.
Brokerage firms don't sell customers stock so much as they sell those horrible mutual funds - Michael Steinhardt
Brokerage firms don't sell customers stock so much as they sell those horrible mutual funds
- Michael Steinhardt
When your views are truly contrarian, they are inevitably uncomfortable. Courage and the ability to withstand pain are required. - Michael Steinhardt
When your views are truly contrarian, they are inevitably uncomfortable. Courage and the ability to withstand pain are required.
I was happier when pursuing success than I was when savoring its fruits; the attraction, perhaps the addiction, was in the process, as much as in its… - Michael Steinhardt
I was happier when pursuing success than I was when savoring its fruits; the attraction, perhaps the addiction, was in the process, as much as in its…
Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake. - Michael Steinhardt
Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.
Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants… - Michael Steinhardt
Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants…
A little part of my life is built around ancient art. - Michael Steinhardt
A little part of my life is built around ancient art.
You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth. - Michael Steinhardt
You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth.
Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas. - Michael Steinhardt
Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.
One of the most important analytic tools when assessing an investment is an intellectually advantaged disparate view. This includes knowing more and … - Michael Steinhardt
One of the most important analytic tools when assessing an investment is an intellectually advantaged disparate view. This includes knowing more and …
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