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Michael Steinhardt Quotes: 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.


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.



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.



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

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





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My destination is only 50 miles away, all I have is a bike with a broken wheel.

My destination is only 50 miles away, all I have is a bike with a broken wheel.



There are some defeats more triumphant than victories.

There are some defeats more triumphant than victories.



The circumstances that surround a man's life are not important. How that man responds to those circumstances IS IMPORTANT. His response is the ultimate determining factor between success and failure.

The circumstances that surround a man's life are not important. How that man responds to those circumstances IS IMPORTANT. His response is the ultimate determining factor between success and failure.



And when you look along the way we've come, there are spirals of vultures wheeling.

And when you look along the way we've come, there are spirals of vultures wheeling.



I am a huge, huge Ronnie Milsap fan. I have been for a long time.

I am a huge, huge Ronnie Milsap fan. I have been for a long time.



We eat a lot of lean meat and fresh vegetables.. You are what you eat, you know. When I'm 100 I'll still be doing pin-ups.

We eat a lot of lean meat and fresh vegetables.. You are what you eat, you know. When I'm 100 I'll still be doing pin-ups.



I smile when I think of the past and get excited about the future.

I smile when I think of the past and get excited about the future.



But what if I fail of my purpose here? It is but to keep the nerves at strain, to dry one's eyes and laugh at a fall, and baffled, get up and begin again.

But what if I fail of my purpose here? It is but to keep the nerves at strain, to dry one's eyes and laugh at a fall, and baffled, get up and begin again.




Quote Description


This page presents the quote "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.". Author of this quote is Michael Steinhardt. This quote is about dominant, consensus, courage, time, hardest thing, wisdom, views, hardest, variance,.