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I don't have many regrets. I regret mistakes, particularly those that damage other people, and we've all made some of those. But I'm not sad about change.
John Gutfreund -
I have never been a social lion; I was misidentified as one because I have a very attractive second wife.
John Gutfreund
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The media, the polls and our legislatures fortunately have short attention spans.
John Gutfreund -
Shareholders share in the downside and not necessarily in the upside; that's the whole story.
John Gutfreund -
People in Philadelphia are a world apart from New York. They're very different from people in the New York scene. The New York scene wants your visibility and wants your money.
John Gutfreund -
I am more rich in goods than I am in money.
John Gutfreund -
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
John Gutfreund -
Proprietary stock-index arbitrage is but one aspect of program trading. Arbitrage will take place whenever there is an imbalance created in one or more markets that are similar.
John Gutfreund