Michael Hintze Quotes

I grade my stocks. I'm what they call a quant, one of the geeks of the stock market.

The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.

With 'posts' running in the millions, Internet message boards have become an essential part of the savvy investor's arsenal.

I did get introduced to the financial markets while I was in college. And I think I learned also how to sort of filter out all of the nonrational, or nonsensible, noise and sort of concentrate on what matters, and that's really what markets are about.

I started John W. Henry & Company because I enjoyed applying mathematics to markets, and it was a profound challenge that resonated within me.

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.

Our system is dynamic, always shifting gears. What I do is I build models to beat the market.

Back in the '60s and '70s, data were scarce, and while analysts knew that companies with fat gross margins lagged those with thin gross margins early in bull markets - and overachieved in the later phases - they couldn't do much about it.

We all know that Americans love their statistics - in sport, obviously. And in finance too.

Business reporting is not dealing with objects, it is dealing with relationships between objects.

I believe that good investors are successful not because of their IQ, but because they have an investing discipline. But, what is more disciplined than a machine? A well-researched machine can make many average investors redundant, leaving behind only the really good human investors with exceptional intuition and skill.

My label in Toronto was 'Stand Pat' and I think that was a fair assessment. I tried to be patient, but if a trade came along - big or small - that I thought should be made, I would make it.

In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.

I'm not a Wall Street expert, but I can read the papers.

As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.

Good analysis is very useful when you want to convert a political decision into an investment. It can also go the other way and drive policy.

Profits on the exchange are the treasures of goblins.

You want less of the annoying nonsense that interferes with your portfolios and more of the significant data that allow you to become a less distracted, more purposeful investor.

What turned me on then, and turns me on even today - and when the time comes from me to retire from management I think I'd still be interested in it - is that everything that happens in the world affects the price of securities.

You're constantly trading assets back and forth to get your program.

The markets were run by mathematicians and their models but they had no business sense.

Traditionally, we think that people with ideas are innovators - that Silicon Valley is the world of ideas. But within the hedge-fund world, they believe that they are men of ideas - that the trade is unto itself one of ideas.

The best traders are not right more than they are wrong. They are quick adjusters. They are better at getting right when they are wrong.

There are a lot of parallels between being a mutual fund manager and being a general manager. Both in the financial markets and in baseball, we're dealing with a world where uncertainty reigns. We're trying to predict the future performance of human beings. It's a fundamental difficulty for which we both have to account.

I have a long history of looking at things from an investor's perspective by training and background.