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Michael Steinhardt Quotes: The markets are always changing, and the successful trader needs to adapt to these changes.
         

The markets are always changing, and the successful trader needs to adapt to these changes.


Michael Steinhardt
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Other quotes of 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 end.

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 end.



Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.

Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.



The balance between confidence and humility is best learned through extensive experience and mistakes.

The balance between confidence and humility is best learned through extensive experience and mistakes.



You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth.

You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth.



A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.

A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.



The hardest thing over the years has been having the courage to go against the dominant wisdom of the time, to have a view that is at variance with the present consensus and bet that view.

The hardest thing over the years has been having the courage to go against the dominant wisdom of the time, to have a view that is at variance with the present consensus and bet that view.



In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys.

In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys.



Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.

Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.



Part of my attraction to ancient art is that there is an element of risk, of speculation.

Part of my attraction to ancient art is that there is an element of risk, of speculation.



A little part of my life is built around ancient art.

A little part of my life is built around ancient art.





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A man becomes trustworthy when you trust him.

A man becomes trustworthy when you trust him.




I was Pandora, bound and determined to open that box.

I was Pandora, bound and determined to open that box.



The dying need only a hand to hold and a quiet in which to make their departure.

The dying need only a hand to hold and a quiet in which to make their departure.



If I can only see him in madness, is it worth trying to hold onto sanity?

If I can only see him in madness, is it worth trying to hold onto sanity?



Faith is the power, obedience the sacrifice, love the means, Christ the reason.

Faith is the power, obedience the sacrifice, love the means, Christ the reason.



They are presented attractively for the same reason that kittens are cute - so that they can draw you in, then pounce on you for the kill. Seriously. Stay away from kittens.

They are presented attractively for the same reason that kittens are cute - so that they can draw you in, then pounce on you for the kill. Seriously. Stay away from kittens.



I've always been in bands writing songs with friends in order to play shows or record a future record.

I've always been in bands writing songs with friends in order to play shows or record a future record.



You never want to be the whitest-sounding black guy in a room.

You never want to be the whitest-sounding black guy in a room.



Where the hell are the singing cats?

Where the hell are the singing cats?




Quote Description


This page presents the quote "The markets are always changing, and the successful trader needs to adapt to these changes.". Author of this quote is Michael Steinhardt. This quote is about successful, traders, needs,.