When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.

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.

Politicians and diapers should be changed frequently, and for the same reason.

There's no difference between fame and infamy now. There's a new school of professional famous people that don't do anything. They don't create anything.

Most filmmaking is about shaking hands and just starting.

I dont write particularly to effect social change. I believe writing can do that, but thats not why I write.

I resisted the film business as long as I could, because of the big circus act and the amount of money that it costs to make films - I saw my father suffer through that.

When companies are growing quickly and they are having a lot of impact, careers take care of themselves.... If you’re offered a seat on a rocket ship, don’t ask what seat. Just get on.

When you come to Christ as a real young person, I think when you become a teen-ager either you rebel or you search, doubt, and wonder.

He's worked his entire life and he's never lived a single moment, I mean not a moment, in the real world.

Those that have an attitude of service towards others are the beauty of society.

I was given a tremendous gift in terms of athleticism. Maybe it was because I wasn't so confident in other areas.