"Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your position ought to be, cut it at least in half."

-- Bruce Kovner

#Cutting Quotes #Thinking Quotes #Advice Quotes

“You may never know when things start to go bad, but when things are worse you know it.”

Source : Gail Sheehy (1971). “Speed is of the Essence”, Richmond Hill, Ont. : Simon & Schuster of Canada
“My first time I jacked off, I thought I'd invented it. I looked down at my sloppy handful of junk and thought, This is going to make me rich.”
“I fear nothing so much as a man who is witty all day long.”
“No man but a blockhead ever wrote except for money.”
“The primary truth that any government will be able to stand on is that God is King, not man. The Lord created this world for His purpose, and only those who are aligned with His purpose will have the authority that can stand any pressures of the times we are entering. We can build our lives on this kingdom and nothing that happens will shake us.”
“Society is the offspring of leisure; and to acquire this forms the only rational motive for accumulating wealth, notwithstanding the cant that prevails on the subject of labor.”
“Irreverence is the champion of liberty and its only sure defense.”
“I found myself thinking a lot about my own spirituality. What it means to be Jewish, what it means to forgive, what it means to sacrifice, but mostly what it means to be alive, how to be a better person, how not to make the mistakes my parents had made. I guess that's what one might typically call a midlife crisis.”

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