The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.

Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

There is no point in being confident and having a small position.

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.

The main obstacle to a stable and just world order is the United States.

Now that I have called you on your false accusation, you are using additional smear tactics.

Esperanto was a very useful language, because wherever you went, you found someone to speak with.

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.

The sovereignty of states must be subordinated to international law and international institutions.

I testify that He is utterly incomparable in what He is, what He knows, what He has accomplished and what He has experienced. Yet, movingly, He calls us His Friends

To return to the Might God is to truly rely on Him.

It's time, my childrenWhen the waves rise high When the waters run deepWhen the clock strikes midnightYou'll feel the mark of Zero HourAnd you'll never be the same again

I think all mothers are alike, regardless of cultural background, when it comes to illogical cleaning.

In the Negro countenance you will often meet with strong traits of benignity. I have felt yearnings of tenderness towards some of these faces.

The democrats are a coastal party.

When there's no clear option, it's better to do nothing.

Carry your most important goal in your wallet".

The older you get, the more you know about certain things.

I think I'm a good judge of character.