"Time and again, in every market cycle I……" — Michael Steinhardt
"Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only [bonds], you can almost close your eyes and [buy] stocks."
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Michael Steinhardt
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13 Quotes by Michael Steinhardt
Michael Steinhardt has 13 quotes on this site.
A few more worth reading:
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I was happier when pursuing success than I was when savoring its fruits; the attraction, perhaps the addiction, was in…
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When your views are truly contrarian, they are inevitably uncomfortable. Courage and the ability to withstand pain are required,
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Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you…
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The balance between confidence and humility is best learned through extensive experience and mistakes.
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The markets are always changing, and the successful trader needs to adapt to these changes.
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In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys.
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Part of my attraction to ancient art is that there is an element of risk, of speculation.
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If you see a wonderful archaic Greek marble object in a museum, it's not only that it's beautiful, but what…
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Speculative joy, the joy derived from being right and being rewarded, may well be similar to the rush felt by…
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A little part of my life is built around ancient art.
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Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.
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In North America, the greatest threat to the Jewish people is not the external force of antisemitism, but the internal…
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More Almost Close Quotes
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