A little part of my life is built around ancient art.
In North America, the greatest threat to the Jewish people is not the external force of antisemitism, but the internal forces of apathy, inertia and ignorance of our own heritage.
I was always anxious that my fees were egregious and that I had to have the best performance in the world to justify them.
Make all your mistakes early in life. The more tough lessons early on, the fewer errors you make later.
Be intellectually competitive. The key to research is to assimilate as much data as possible in order to be to the first to sense a major change.
Make good decisions even with incomplete information. You will never have all the information you need. What matters is what you do with the information you have.
Always trust your intuition, which resembles a hidden supercomputer in the mind. It can help you do the right thing at the right time if you give it a chance.
The Orthodox believe in Jewish literacy, and most of the rest of us couldn’t care less. Rabbis and other creatures have a monopoly on Judaism. This is a turnoff in a world that is increasingly secular and that has turned away from religion. Jews are simply turning away from Judaism.
Somehow, in a business [securities trading] so ephemeral, the notion of going home each day, for as many days as possible, having made a profit – that’s what was so satisfying tome.
I was happier when pursuing success than I was when savouring its fruits; the attraction, perhaps the addiction, was in the process, as much as in its end.
Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.
Now people are charging much fancier fees, and they do not make the same demands on themselves. I was always anxious that my fees were egregious and that I had to have the best performance in the world to justify them.
I always used fundamentals. Nevertheless, the fact is that often, the period of my investments was short-term.