Michael Steinhardt Quotes
Just as outright euphoria is often a sign of a market top, fear is for sure a sign of a market bottom. Time and time again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only treasury bills, you can almost close your eys and get long stocks.
Quotes to Explore
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How does one get bored of life?
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The blues have always had some of the best times, best feelings I’ve ever had.
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A virtuoso performance. Scott Thompson’s biography of the soldier statesman Fidel V. Ramos illustrates the fascinating and complex geography of Filipino politics and its relation with the American hegemon. It’s first-rate scholarship and equally first-rate writing.
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We are the people our parents warned us about.
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Let your actions be ruled by your heart, not by your mind
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Happiness itself is sufficient excuse. Beautiful things are right and true; so beautiful actions are those pleasing to the gods. Wise men have an inward sense of what is beautiful, and the highest wisdom is to trust this intuition and be guided by it. The answer to the last appeal of what is right lies within a man's own breast. Trust thyself.
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We are born to soar. We are children of God. ... The Fatherhood of God offers a deep spiritual cure for the inferiority complex and lays the firm foundation for a solid spiritual self-esteem.
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Electric cars are coal-powered cars. Their carbon emissions can be worse than gasoline-powered cars.
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Corporations are may lesser commonwealths in the bowels of a greater, like worms in the entrails of a natural man.
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He was seized and dragged off to King Philip, and being asked who he was, replied, "A spy upon your insatiable greed."
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For all that we have done, as a civilization, as individuals, the universe is not stable, and nor is any single thing within it. Stars consume themselves, the universe itself rushes apart, and we ourselves are composed of matter in constant flux. Colonies of cells in temporary alliance, replicating and decaying and housed within, an incandescent cloud of electrical impulse and precariously stacked carbon code memory. This is reality, this is self knowledge, and the perception of it will, of course, make you dizzy.
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Lilian Ross was a - veteran writer for The New Yorker. She, in fact, brought me to The New Yorker many years ago.
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The distribution of the market is fat-tailed relative to the normal distribution... For passive investors, none of this matters, beyond being aware that outlier returns are more common than would be expected if return distributions were normal.
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Just as outright euphoria is often a sign of a market top, fear is for sure a sign of a market bottom. Time and time again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only treasury bills, you can almost close your eys and get long stocks.
