Michael Steinhardt Quotes

Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only [bonds], you can almost close your eyes and [buy] stocks.

As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.

The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.

You want to be greedy when others are fearful.

You can pout about the way the world is as long as you want, but that's not going to change it. You've got to figure it out.

Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.

Be a part of all that is decent and be an ambassador for the kind of world that you want to live in.

I remember going to see Amiri Baraka. It wasn't actually too long before he died. He said, "You've got to write to change the world!" I was like, "Not me, no, no, no, no."

I have never thought of myself as a good writer. Anyone who wants reassurance of that should read one of my first drafts. But I'm one of the world's great rewriters.

The world is perishing for lack of the knowledge of God and the Church is famishing for want of His Presence.

See, as much as you want to hold on to the bitter sore memory that someone has left this world, you are still in it

I want to make the world into something better so that he can be okay.

Always good to take a look at the long list for the Mann Booker, for the Commonwealth. It gives you an overview.There is so much going on all over the world that it's impossible for one person to keep up. And I can't.

Tangier is one of the few places left in the world where, so long as you don't proceed to robbery, violence, or some form of crude, antisocial behavior, you can do exactly what you want.

Oswald: "All your life" Aurore: "What?" Oswald: "All your life, isn't that what you wanted to know? How long I loved you?" Aurore: "Well, yes, I suppose I did, but that wasn't what I was going to ask just now." Oswald: "I tell you I've loved you since the day you were born, and you tell me you want to know something else. There's no one quite like you, is there, Aurore?

What we apparently have failed to grasp is that, in this new world in which we live, the collective hunger of great masses of people, wherever they may be, will affect our long-range welfare, just as though they were our own people.

I want to make films about the human condition, what we're doing to the world or ourselves.

The hard fact is that so long as Saddam remains in power, he threatens the well-being of his people, the peace of his region, and the security of the world.

My life is about politics, a lot of about music, and a lot about things other than acting. I like traveling the world. But, what makes me want to stay in this business and keep doing this are movies when it's a true labor of love.

The satirist isn't just looking at things ironically but militantly - he wants to change them, and intends to have an effect on the world.

I don't want to write my life. I live my life. I want to make up a new world.

I love to compete. I want to get out there and kick your ass in the business world. That is what inspires me.

The way I've been able to embrace fame is by realizing that celebrity is just a means to send whatever message you want out into the world.

This is a very noisy world, so we have to be very clear what we want them to know about us

The world wants to assign you a role in life. And once you accept that role you are doomed.