7 inspiring quotes from famous traders that will give you a boost
Inspirational quotes play an important role, from keeping us motivated and giving us fresh ideas, to acting as important reminders and preventing mistakes. At MahiMarkets, we love reading up on quotes that might challenge our mindset and keep us thinking outside the box. Here are five inspirational quotes from famous traders, sharing their thoughts on everything from business culture to trading strategy.
“Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.”
- Larry Hite
“It’s hard to find ideas that aren’t picked over and harder to get real returns and differentiate yourself. We are entering a new environment. The days of big returns are gone.”
- Steven Cohen
“It is the manager and the team that affect performance, not the size of the fund or firm.”
- John Paulson
- David Tepper
“The key is to wait. Sometimes the hardest thing to do is to do nothing. There is a time to make money and a time to not lose money. This company looks cheap, that company looks cheap, but the overall economy could
completely screw it up.”
“The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.”
- Paul Tudor Jones
- Richard Dennis
“You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a very short period of time. What you can’t afford to do is throw away your capital on suboptimal trades.”
Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.
- George Soros
