Shareholders share in the downside and not necessarily in the upside; that's the whole story. — John Gutfreund Copy Share Image
I don't have many regrets. I regret mistakes, particularly those that damage other people, and we've all made some of those. But I'm not… — John Gutfreund Copy Share Image
Proprietary stock-index arbitrage is but one aspect of program trading. Arbitrage will take place whenever there is an imbalance created in one or more… — John Gutfreund Copy Share Image
I have never been a social lion; I was misidentified as one because I have a very attractive second wife. — John Gutfreund Copy Share Image
People in Philadelphia are a world apart from New York. They're very different from people in the New York scene. The New York scene… — John Gutfreund Copy Share Image
I never thought of myself as a king. People really want you to be their deity. They forget the fact that you are a… — John Gutfreund Copy Share Image
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs. — John Gutfreund Copy Share Image
Shareholders share in the downside and not necessarily in the upside; that's the whole story. — John Gutfreund Copy Share Image
The media, the polls and our legislatures fortunately have short attention spans. — John Gutfreund Copy Share Image
