Traders Quotes - Page 6

• I love trade. I'm a free trader, 100 percent. But we [the USA] need smart people making the deals, and we don't have smart people making the deals.

  Donald Trump

  Smart, Usa, People

  Source: time.com

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• The sad truth is that without complex business partnerships between African elites and European traders and commercial agents, the slave trade to the New World would have been impossible, at least on the scale it occurred.

  Henry Louis Gates

  Agents, World, Impossible

  Henry Louis Gates Jr. (2012). “The Henry Louis Gates, Jr. Reader”, p.547, Basic Books

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• The Merchants of Carolina, are fair, frank Traders.

  John Lawson

  Carolina, Frank, Fairs

  John Lawson (1860). “The History of Carolina: Containing the Exact Description and Natural History of that Country, Together with the Present State Thereof and a Journal of a Thousand Miles Traveled Through Several Nations of Indians, Giving a Particular Account of Their Customs, Manners, &c., &c”, p.17

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• Gratitude is like the good faith of traders: it maintains commerce, and we often pay, not because it is just to discharge our debts, but that we may more readily find people to trust us.

  Francois de La Rochefoucauld

  Gratitude, People, Debt

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• Never ask a trader if he is profitable: you can easily see it in his gesture and gait.

  Nassim Nicholas Taleb

  Business, Gestures, Finance

  Nassim Nicholas Taleb (2008). “Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets”, p.19, Random House

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• If a betting game among a certain number of participants I played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a persistent overall tendency for equity to flow from the many to the few. In the long run, the majority loses. The implication for the trader is that to win you have to act like the minority. If you bring normal human habits and tendencies to trading, you'll gravitate toward the majority and inevitably lose.

  William Eckhardt

  Running, Winning, Player

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• We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force for harm than individual greed or error.

  Adair Turner, Baron Turner of Ecchinswell

  Powerful, Business, Moving

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• I never knew a trader in philanthropy who was not wrong in his head or heart somewhere or other.

  Samuel Taylor Coleridge

  Heart, Philanthropy

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• Whether it's an attorney or a bond trader or a journalist, or a musician or pastor, you want to do your best. You don't want to seek acclaim. You don't want to seek awards. You want to seek to do your best at what God's given you.

  Louie Giglio

  Awards, Musician, Want

  Source: www.christianpost.com

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• When I was 15 years old I read an article about Ivan Boesky, the well-known takeover trader - turned out years later it was all on inside information! But before that came to light he was very successful, very flamboyant. And I thought, "This is what I want to do". So I'm 15 years old, I decide I'm going to Wall Street.

  Karen Finerman

  Wall, Successful, Light

  "She's worth $100m, runs a $400m hedge fund, has two sets of twins and four nannies". Interview with Marianne MacDonald, www.theguardian.com. September 9, 2007.

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• Ferdinand was a gold trader. He was a lawyer for mining companies. When he entered politics in l949, he had tons and tons of gold. When Bill Gates was a college dropout, Ferdinand already possessed billions of dollars and tons of gold. It wasn't stolen.

  Imelda Marcos

  College, Uranium Mining, Gold

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• I wanted to be a great white hunter, a prospector for gold, or a slave trader. But then, when I was eight, my parents sent me to a boarding school in South Africa. It was the equivalent of a British public school with cold showers, beatings and rotten food. But what it also had was a library full of books.

  Wilbur Smith

  Book, School, Eight

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• If I wasn't a trader, I would probably be in the film business in some capacity and writing in some other form. I went to NYU Film School and London Film School.

  Jeff Cooper

  Writing, School, Nyu

  Source: blog.traderslibrary.com

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• Having observed his market calls real time over the years, I can say that Jason Perl's application of the DeMark Indicators distinguishes his work from industry peers when it comes to market timing. This book demonstrates how traders can benefit from his insight, using the studies to identify the exhaustion of established trends or the onset of new ones. Whether you're fundamentally or technically inclined, Perl's DeMark Indicators is an invaluable trading resource.

  Leon G. Cooperman

  Real, Book, Years

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• This intelligence, or what I'll call "the wisdom of crowds," is at work in the world in many different guises. It's the reason the Internet search engine Google can scan a billion Web pages and find the one page that has the exact piece of information you were looking for. It's the reason it's so hard to make money betting on NFL games, and it helps explain why, for the past fifteen years, a few hundred amateur traders in the middle of Iowa have done a better job of predicting election results than Gallup polls have.

  James Surowiecki

  Wisdom, Jobs, Past

  "The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations". Book by James Surowiecki, 2004.

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• Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.

  Nassim Nicholas Taleb

  Wall, Wind, Dancing

  "'We still have the same disease'". Interview with Margaret Wente, www.theglobeandmail.com. September 13, 2009.

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• What has been imposed on religion is not religion itself but the custom of those who have been converted to it. I think that the most atrocious of all of this is Islam. They were in the slave trade before Islam. The Arabs were natural slave traders. They were the people who were called on to conquer us, unfortunately.

  John Henrik Clarke

  Thinking, People, Islam

  Source: www.ourtimepress.com

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• I'm a big free trader. But it has to be fair.

  Donald Trump

  Bigs, Free Trade, Fairs

  "Trump on dismantling Obama's legacy: 'No, no, no'" by Eric Bradner, www.cnn.com. December 12, 2016.

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• People who were also traders were also men of Sufism, as we see around Java, people who were outwardly trading but were also men of very high spiritual character. Otherwise no trader would be able to convert a person from one religion to another. It was because they were men of spiritual character.

  Seyyed Hossein Nasr

  Spiritual, Character, Men

  Source: www.counterpunch.org

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• When I heard the truth about my name was not Cassius Clay, like I knew a black man in America named John Hawkins. Now, you know who John Hawkins was.He was a slave trader from England. But the white people of that time, if one had five slaves and his name was Jones, they would be called Jones' property. [...] Now that I'm free, now that I'm no longer a slave, then I want a name of my ancestors.

  Muhammad Ali

  Men, Names, White

  Interview with Michael Parkinson, www.mirror.co.uk. June 5, 2016.

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• A state in India will have more traders than perhaps a European nation. Trade is a great way to integrate people.

  Narendra Modi

  People, India, Development

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• If possible, be Russian. And live in another country. Play chess. Be an active trader between languages. Carry precious metals from one to the other. Remind us of Stravinsky. Know the names of plants and flying creatures. Hunt gauzy wings with snares of gauze. Make science pay tribute. Have a butterfly known by your name.

  Vladimir Nabokov

  Life, Country, Butterfly

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• We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.

  John Bright

  Years, Agriculture, Great Depression

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• The symbol of all relationships among such men, the moral symbol of respect for human beings, is the trader. We, who live by values, not by loot, are traders, both in matter and in spirit. A trader is a man who earns what he gets and does not give or take the undeserved.

  Ayn Rand

  Men, Giving, Doe

  Ayn Rand (1963). “For the New Intellectual: The Philosophy of Ayn Rand (50th Anniversary Edition)”, p.107, Penguin

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• Unfortunately, skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is whether the information about the firm is already incorporated in the price of the stock. Traders apparently lackthe skill to answer this crucial question, but they appear to be ignorant of their ignorance.

  Daniel Kahneman

  Ignorance, Successful, Skills

  Daniel Kahneman (2011). “Thinking, Fast and Slow”, p.247, Macmillan

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