Paul Tudor Jones Quotes

I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have

Don't be a hero. Don't have an ego. Always question yourself and your ability. Don't ever feel that you are very good. The second you do, you are dead.

I always believe that prices move first and fundamentals come second

The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.

And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control.

First of all, never play macho man with the market. Second, never overtrade.

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.

Failure was a key element to my life’s journey.

You can not have significance in this life if it is all about you. You get your significance, you find your joy in life through service and sacrifice - it's pure and simple.

If life ever ceased to be an educational experience. I probably wouldn't get out of bed in the morning.

When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.

Sometimes failure is merely chasing you off the wrong road and onto the right one.

You adapt, evolve, compete or die.

Intellectual capital will always trump financial capital.

That cotton trade was almost the deal breaker for me. It was at that point that I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?

You learn more from your losses, than from your gains.

As I've told my three daughters, all of whom I've at one time encouraged to go into macro trading, any man or woman can do anything to which they set their heart and mind.

There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market.

We have ripped the humanity out of our companies. It's threatening the very underpinnings of our society.

You can achieve great economic gains by solving social problems.

I believe that great success is possible in any field — from music to mathematics to macro trading.

Don't be a hero. Don't have an ego.

After awhile size means nothing. It gets back to whether you're making 100% rate of return on 10k or 100 million dollars. It doesn't make any difference.

Trading gives you an incredibly intense feeling of what life is all about.

The whole world is simply nothing more than a flow chart for capital.

If trading is like chess, then macro is like three-dimensional chess.

There is no more compassionate and effective way to help poor people in New York City than to give to Robin Hood.

There's such an emphasis on making money that we've really taken the humanity out of business.