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Michael Steinhardt Quotes: When your views are truly contrarian, they are inevitably uncomfortable. Courage and the ability to withstand pain are required.
         

When your views are truly contrarian, they are inevitably uncomfortable. Courage and the ability to withstand pain are required.


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 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.



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.





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I felt in a lot of instances I was deliberately being put through stress because when you're a guy who generates money, people have a vested interest in controlling you.

I felt in a lot of instances I was deliberately being put through stress because when you're a guy who generates money, people have a vested interest in controlling you.



I knew already when I was seven years old, that I wanted to be on stage and entertain people. I sell laughs. Here, you got one for free!

I knew already when I was seven years old, that I wanted to be on stage and entertain people. I sell laughs. Here, you got one for free!



Disco does work better with black artists or players. They just feel it more.

Disco does work better with black artists or players. They just feel it more.



I light candles because I want to have candles lit, not because I need to see!

I light candles because I want to have candles lit, not because I need to see!



No poor, rural, weak, or black person should ever again have to bear the additional burden of being deprived of the opportunity for an education, a job, or simple justice.

No poor, rural, weak, or black person should ever again have to bear the additional burden of being deprived of the opportunity for an education, a job, or simple justice.



My son was autistic, and he suffered from seizure disorder every 5 to 10 days. He would suffer a seizure that would last 45 seconds to a minute and sleep for 12 hours.

My son was autistic, and he suffered from seizure disorder every 5 to 10 days. He would suffer a seizure that would last 45 seconds to a minute and sleep for 12 hours.



Why I came here, I know not; where I shall go it is useless to inquire - in the midst of myriads of the living and the dead worlds, stars, systems, infinity, why should I be anxious about an atom?

Why I came here, I know not; where I shall go it is useless to inquire - in the midst of myriads of the living and the dead worlds, stars, systems, infinity, why should I be anxious about an atom?



We would have to invent the U.N if we did not have it which is not an original thought.

We would have to invent the U.N if we did not have it which is not an original thought.




Quote Description


This page presents the quote "When your views are truly contrarian, they are inevitably uncomfortable. Courage and the ability to withstand pain are required.". Author of this quote is Michael Steinhardt. This quote is about courage, uncomfortable, views, pain, ability,.