Paul Tudor Jones Quotes

The key thing when you short is to make sure you're not wrong on the fundamental intrinsic value.

Big money is made in the stock market by being on the right side of the major moves. The idea is to get in harmony with the market. It's suicidal to fight trends. They have a higher probability of continuing than not.

I think that I could have been take apart if the bear market continued, but I waited three years before I felt the bear market was over and I was right.

The upward move at the beginning of a bull market is almost always huge compared with the vacillations late in the bear market. If you try to pick a bottom, you will miss a good part of the action.

If you go back to 2001, the market had two violent short covering rallies then, although I know the market didn't officially get going until March 2003.

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.

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

Don't bottom fish.

The techniques I developed for studying turbulence, like weather, also apply to the stock market.

I love the competitive part of stocks. A lot of fear and greed, that's all it is. All I see is green and red.

If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked.

I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally.

I mean I'm not smarter than the market, but I can recognize a good tape and a bad tape. I recognize when it's right and when it's wrong and that's what my strength is.

The way to make money is to buy when blood is running in the streets.

There's no statistical evidence that human beings have an ability to move in and out of the markets effectively. It's next to impossible.

Everybody thinks that they're going to time the market, they're going to sharpshoot the market, and buy right at the bottom. The truth of the matter is that nobody is good at it.

Don't try to buy at the bottom and sell at the top. It can't be done except by liars.

I'm quite bullish. We're coming up on year 15 of a flat stock market. Historically that's a pretty good sign. So I'm not a hedge-fund manager but if I was I think I'd be feeling pretty good.

I got into online trading. It was alarmingly easy to do. I went through the whole cycle of emotions, from supreme self-confidence to total impotence. I broke even in the end.

The next time you see an outside day with a down close lower than the previous day, don't get scared, get ready to buy!

When you trade sometimes you lose.

What about stocks? You got to buy them. What if they break? You have to buy the dips.

Shorting saved my butt in 2008... Shorting kept me in the game. It generates cash when the market's crashing. And that's what you want when the market's crashing - cash.

I try to buy shares of unpopular companies when they look like road kill and sell them when they've been polished up a bit.

If you see a market that has slow and steady growth long enough, you'll start to front-run it, and that slow and steady growth will start turning into steeper growth, and that will accelerate the process.