For Joey Bishop, always was kind of the lost soul, so I did a traffic joke.
A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.
I was happier when pursuing success than I was when savoring its fruits; the attraction, perhaps the addiction, was in the process, as much as in its end.
Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.
The markets are always changing, and the successful trader needs to adapt to these changes.
The balance between confidence and humility is best learned through extensive experience and mistakes.
The hardest thing over the years has been having the courage to go against the dominant wisdom of the time to have a view that is at variance with the present consensus and bet that view. The hard part is that the investor must measure himself not by his own perceptions of his performance, but by the objective measure of the market. The market has its own reality. In an immediate emotional sense the market is always right so if you take a variant point of view you will always be bombarded for some time by conventional wisdom as expressed by the market.
World War II was a must win.
Every risk is worth taking as long as it's for a good cause, and contributes to a good life.
There is something strangely determinate and fatal about a single shot in the night. It is as if someone had cried a message to you in one word, and would not repeat it.
People like me start organizing conferences and editing journals, even become tenured professors talking about Empire of the Senseless with a bunch of wide-eyed kids from the farmland. If only one of those kids goes back home and lets her hogs out of the pen to go plum wild rolling around in their own slop while the neighboring farmers scratch their chins, then, isn't that worth it? Insert the same scenario with stockbrokers, stock-car drivers, and stock characters in the post-baccalaureate working man's sideshow, and well, that's viral reproduction.