" 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
“ One has to have an interest to understand what is going on in this market . That is a characteristic which very few people have . Most people feel bored .”
- Alpesh B . Patel
“ Experience is that marvelous thing that enables you recognize a mistake when you make it again .”