Michael Steinhardt

The Orthodox believe in Jewish literacy, and most of the rest of us couldn't care less. Rabbis and other creatures have a…

— Michael Steinhardt

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

— Michael Steinhardt

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

— Michael Steinhardt

If you see a wonderful archaic Greek marble object in a museum, it's not only that it's beautiful, but what comes to…

— Michael Steinhardt

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

— Michael Steinhardt

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

— Michael Steinhardt

Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the…

— Michael Steinhardt

Brokerage firms don't sell customers stock so much as they sell those horrible mutual funds

— Michael Steinhardt

In North America, the greatest threat to the Jewish people is not the external force of antisemitism, but the internal forces of…

— Michael Steinhardt

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

— Michael Steinhardt

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

— Michael Steinhardt

One of the most important analytic tools when assessing an investment is an intellectually advantaged disparate view. This includes knowing more and…

— Michael Steinhardt

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

— Michael Steinhardt

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

— Michael Steinhardt

The hardest thing over the years has been having the courage to go against the dominant wisdom of the time, to have…

— Michael Steinhardt

Just as outright euphoria is often a sign of a market top, fear is for sure a sign of a market bottom.…

— Michael Steinhardt

I was happier when pursuing success than I was when savoring its fruits; the attraction, perhaps the addiction, was in the process,…

— Michael Steinhardt

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

— Michael Steinhardt

Speculative joy, the joy derived from being right and being rewarded, may well be similar to the rush felt by a winning…

— Michael Steinhardt

The hardest thing over the years has been having the courage to go against the dominant wisdom of the time to have…

— Michael Steinhardt

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

— Michael Steinhardt