" 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
" Never , ever , follow conventional wisdom in the market . You have to learn to go counter to the markets . You have to learn how to think for yourself ; to be able to see that the emperor has no clothes .”
- James B . Rogers
" The gem cannot be polished without friction , nor man perfected without trials .”
" 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
" Never , ever , follow conventional wisdom in the market . You have to learn to go counter to the markets . You have to learn how to think for yourself ; to be able to see that the emperor has no clothes .”
- James B . Rogers
" The gem cannot be polished without friction , nor man perfected without trials .”