“I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have” – Paul Tudor Jones.
“The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.”
“Without trading education, we are in a horrible and deadly danger of taking educated people seriously.”
“trader knows nothing; and he thinks he knows everything. That points clearly to a political career.”
“Ignorance more frequently begets confidence than does knowledge: it is those who know little, not those who know much, who so positively assert that this or that problem will never be solved by science.”
“If ignorance is bliss, there should be more happy traders.”
“To know that you do not know is the best.
To think you know when you do not is a disease.
Recognizing this disease as a disease is to be free of it.”