Marcus's collected quotes

Discussion in 'Words of Wisdom' started by marcus, Aug 14, 2007.

  1. marcus

    marcus Active Member

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    Dear friends,


    I will be posting the best quotes from the best traders viz-a-vi those who'v actually walked the walked as opposed to those who simply talk the talk (glib talkers as dada would say haha).
     
  2. marcus

    marcus Active Member

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    N.B. He's one of the pioneers who began combining fundamentals with technicals and is the original expert in trendlines, Rakesh Jhunjhunwalla has said trader Vic was one of his biggest influences.
     
  3. CreditViolet

    CreditViolet Guest

    But they are :)

    See Shaw,Asness etc
     
  4. masterjee

    masterjee Active Member

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    Intelligence is a necessary but not sufficient condition (logically speaking). BTW Trader Vic is history - busted by the market - so I guess there will be no Trader Vic III. But his book was a good influence when I read it many years back.

    regards

    M
     
  5. marcus

    marcus Active Member

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    i don't think intelligence is necessary above that of an average level, the turtle experiment proved this and william eckhardt has said the same thing in Jack Schwager's book.
     
  6. marcus

    marcus Active Member

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    Todays quote comes from Bruce Kovner
    Who Has earned as much as $300 million in one year from trading

     

  7. marcus

    marcus Active Member

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    Today's quote comes from Michael Marcus
    who turned $30,000 into $80 million in 20 years

    More info on this master can be found at http://en.wikipedia.org/wiki/Michael_Marcus
     
  8. Saint

    Saint Banned

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    Great stuff,Marcus( and Marcus)......

    Saint
     
  9. marcus

    marcus Active Member

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    Ah Saint coming from you that really means a LOT
     
  10. marcus

    marcus Active Member

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    Today quote is from Jack Schwager a very well known writer and money manager, his books "market wizards" & "New market wizards" are on every living traders top 5 must read books. I've personally read them both and benefited immensely, they can both be found in the download section.

    More information on how he saw his Dad struggle with losses all his life and how this only made him more determined to succeed as a trader himself can be found here http://www.thestreet.com/pf/funds/supermodels/1353512.html
     
    Last edited: Aug 17, 2007

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