Top Quotes of Trading Legends
Learning from succesful people always makes sense. Moreover, they were successful because they learned and continued to learn from others. Here are 9 traders who made a fortune trading in the past.
George Soros, famous for his 1992 Pound short, made a fortune taking large macro-economic bets.
James Simons, the mathematician who cracked wall street, runned the hedgefund Renaissance Technologies which received the largest compensation in 2005 because it was just the most solid fund on the street.
Jesse Livermore, a man who had many ups- and downs, was for the most part an extremely patient trader around 1900, taking risks where others wouldn’t see the pattern that he saw.
Michael Marcus turned $30,000 into $80 million.
Paul Tudor Jones is on the Forbes 400, he predicted the 1987 crash. Today, he uses his wealth for philantropic projects.
Ray Dalio is the founder of Bridgewater Associates, the largest hedge fund in the world.
Richard Dennis, one of the turtle traders, turned $1,600 into $100 million in 10 years.
Steven A. Cohen made his first wall street company that he worked for $100,000 per month. He went on to found SAC Capital, which was involved in insider accusations. In fact, he tried everything to save himself from the feds and by this quote wanted to plead himself unguilty.
Warren Buffet, everyone knows him, famous for his non-leveraged long-term investing. He is the third-wealthiest man in the world.