Bruce Kovner Quotes

#1. A reasonable amount of fleas is good for a dog; it keeps him from brooding over being a dog.

Edward Noyes Westcott

#2. Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your position ought to be, cut it at least in half.

Bruce Kovner

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

Bruce Kovner

#4. Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose

Bruce Kovner

#5. If you personalize losses, you can't trade.

Bruce Kovner

#6. Sometimes it is not right to wait for the right train. Take any train instead of rotting at the station! In other words, be realistic!

Mehmet Murat Ildan

#7. In 1983, I set up Caxton Corp. It's been an interesting and happy ride since.

Bruce Kovner

#8. Obama doesn't run around wearing a Carrie Bradshaw-esque nameplate necklace that says 'Socialist.' But his policies, actions, words, background and associations speak louder than any ID necklace ever could.

Monica Crowley

#9. As mayor, I'm in the frying pan. I'm just sitting here on the griddle now, and I've got to really think, you know, do I want to stay here on the griddle?

Anthony A. Williams

#10. I'm a believer in bipartisanship.

John Kasich

#11. Michael [Marcus] taught me one thing that was incredibly important ... He taught me that you could make a million dollars. He showed me that if you applied yourself, great things could happen. It is very easy to miss the point that you really can do it.

Bruce Kovner

#12. I'm not good at chatting right away. Women have to be very patient with me, I suppose.

Garrett Hedlund

#13. If you embrace your dreams gently, you'll wake up in the morning as a satisfied human child.

Kristian Goldmund Aumann

#14. many believe in karma but i take it to a whole different level.

Vincent Alexandria

#15. In a bear market, you have to use sharp countertrend rallies to sell.

Bruce Kovner

#16. The first rule of trading - there are probably many first rules - is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand.

Bruce Kovner

#17. It is a much easier and less distressing thing to draw remonstrances in a comfortable room by a good fireside than to occupy a cold bleak hill and sleep under frost and snow without cloaths or blankets.

George Washington

#18. There's more to getting to where you're going then just knowing there's a road.

Joan Lowery Nixon

#19. When I was younger, I used to make resolutions which imagined were virtuous. I was less anxious to be what I was, than to become what I wished to be. Now, I am not far from thinking that in irresolution lies the secret of not growing old.

Andre Gide

#20. Truly man is the king of beasts, for his brutality exceeds them. We live by the death of others. We are burial places.

Leonardo Da Vinci

#21. The energic value of a cause is never abolished by positing an arbitrary and rational goal: that is always a makeshift.

C. G. Jung

#22. Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperature.

Bruce Kovner

#23. Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.

Bruce Kovner

#24. If you don't work very hard, it is extremely unlikely that you will be a good trader.

Bruce Kovner