Quotes About Market

The last thing a trader needs to do is be scientific or play econometrician during buisness hours.

we don't recognize it in other places, where these options tend to remain underpriced or not priced at all.

at any point in time, the richest traders are often the worst traders.

The dip in the market was not very large. It was just that his leverage was enormous.

Traders were replaced by computers, for very small visible benefits and massively large risks.

The strength of the computer entrepreneur Steve Jobs was precisely in distrusting market research and focus groups—those based on asking people what they want—and following his own imagination. His modus was that people don't know what they want until you provide them with it.

who benefited from a market cycle.

they are explicitly designed to benefit from market volatility.

Nunca pergunte às pessoas o que elas querem, ou para onde querem ir, ou para onde pensam que deveriam ir, ou, pior ainda, o que elas pensam que desejarão amanhã. A força do empreendedor do ramo da computação Steve Jobs estava, precisamente, em desconfiar das pesquisas de mercado e dos grupos de foco — aqueles com o objetivo de perguntar às pessoas o que elas querem — e seguir sua própria imaginação.

how rich you'd be today had you liquidated your portfolio at the height of the NASDAQ bubble).

that meant that 90 percent of all short option positions make money. If I want to use options to be bearish, I sell calls.

Now, when you read material by finance professors, finance gurus, or your local bank making investment recommendations based on the long-term returns of the market, beware. Even if their forecasts were true (they aren't), no individual can get the same returns as the market unless he has infinite pockets and no uncle points.

Under the right market structure, a collection of idiots produces a well-functioning market.

We can see that my activity in the market (and other random variables) depends far less on where I think the market or the random variable is going so much as it does on the degree of error I allow around such a confidence level.

absence of fluctuations in the market causes hidden risks to accumulate with impunity. The longer one goes without a market trauma, the worse the damage when commotion occurs.

If capitalism offered a broader arena for self-esteem to operate in than had ever existed before, it also offered challenges that had no precedent in earlier, tribal societies—challenges to self-reliance, self-assertiveness, self-responsibility, and personal accountability. Capitalism created a market for the independent mind.

This place isn't a refuge, it's a slave market. Why doesn't anyone see that?' 'Who says they don't see it? It's just that unwinding makes slavery look good. It's always the lesser of two evils.' 'I don't see why there have to be any evils at all.

Yasalar zehirli karaborsalarda kendi zehirlerini yaratir.

Since most investment managers will not beat the market, investors should at least consider investing in "index funds" that replicate the market and so never get beaten by the market. Indexing may not be fun or exciting, but it works. The data from the performance measurement firms show that index funds have outperformed most investment managers over long periods of time. For

The "money game" we still call investment management evolved in recent decades from a winner's game to a loser's game because a basic change occurred in the investment environment: The market came to be overwhelmingly dominated by investment professionals—all knowing the same superb information, having huge computer power, and striving to win by outperforming the market they collectively completely dominate.

Investment management, as traditionally practiced, is based on a single core belief: Investors can beat the market and superior managers will beat the market.

In the mean time, innumerable joint-stock companies started up everywhere. They soon received the name of Bubbles, the most appropriate that imagination could devise.

Some in clandestine companies combine; Erect new stocks to trade beyond the line; With air and empty names beguile the town, And raise new credits first, then cry 'em down; Divide the empty nothing into shares, And set the crowd together by the ears. – Defoe

Viewed in the right light, a little sprinkle of free market pixie dust can turn the drabbest of public sector services (sewerage, for example) into a rainbow-hued profit unicorn.