It's therapy. [people] say true healing requires honest confrontation, and that can be seen on a macro scale with America and the things that have been swept under the rug, whether it be with the native Americans or slavery, or whatever holocaust that's happened on this soil.
Macro worries are like sports talk radio. Everyone has a good opinion which probably means that none of them are good.
Once you dive into the African-American struggle or whatever you want to call it and you look past that, you realize that it's not a black people problem, it's a human problem. We all can't be at peace until we are all at peace. If there's a piece of us suffering, then we are all suffering. That's what it's about. That's the macro level.
If trading is like chess, then macro is like three-dimensional chess.
I believe that great success is possible in any field — from music to mathematics to macro trading.
We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
My off-the-cuff remarks at the University of Virginia were with regard to global macro traders, who are on-call 247 and of whom there are likely only a few thousand successful practitioners in the world today. Macro trading requires a high degree of skill, focus and repetition. Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance.
I love seeing things that work in the micro and work in the macro.
I think in any country you have macro situations and micro ones.
Everyone is against micro managing but macro managing means you're working at the big picture but don't know the details.
I think good art, if I could be pretentious enough to say, I think good art deals with the micro to explain the macro.
I think what they've been doing is largely almost in firefighting mode without a good conceptual framework - either at the micro or the macro level. Micro, you would ask: "What kind of financial or banking system do we want?" Macro, you would say: "What are the underlying problems in the structure of our economy?"
I have, before now, waited for a pen to perform a macro.
I have shown that those who deplore Artificial Intelligence are also those who deplore the evolutionary accounts of human mentality: if human minds are non-miraculous products of evolution, then they are, in the requisite sense, artifacts, and all their powers must have an ultimately mechanical explanation. We are descended from macros and made of macros, and nothing we can do is beyond the power of huge assemblies of macros.
The most important thing for us to do as beings is to be aware of our position in the world on a micro and macro level.
As for another profession. . . I suppose I'd manage a global-macro hedge fund. I love that kind of stuff. Weird, I know, but I find it fascinating.
