Don't Be A Hero. Don't

I Spend My Day Trying To Make Myself As Happy And Relaxed As I Can Be. If I Have Positions Going Against Me, I Get Right Out; If They Are Going For Me, I Keep Them.

The Whole World Is Simply Nothing More Than A Flow Chart For Capital.

My Off-the-cuff Remarks At The University Of Virginia Were With Regard To Global Macro Traders, Who Are On-call 24/7 And Of Whom There Are Likely Only A Few Thousand Successful Practitioners In The World Today. Macro Trading Requires A High Degree Of Skill, Focus And Repetition. Life Events, Such As Birth, Divorce, Death Of A Loved One And Other Emotional Highs And Lows Are Obstacles To Success In This Specific Field Of Finance.

Intellectual Capital Will Always Trump Financial Capital.

The Concept Of Paying One-hundred-and-something Times Earnings For Any Company For Me Is Just Anathema. Having Said That, At The End Of The Day, Your Job Is To Buy What Goes Up And To Sell What Goes Down So Really Who Gives A Damn About Pe's?