Don't focus on making money; focus on protecting what you have.

Investors
Paul Tudor Jones
Born in 1954 in Memphis, Tennessee, Paul Tudor Jones founded Tudor Investment Corporation in 1980 and earned legendary status by predicting the 1987 Black Monday crash and profiting enormously from the downturn. He also co-founded the Robin Hood Foundation for poverty relief. A global macro trader who places risk management above all else, he has maintained a defense-first philosophy for over four decades.
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Paul Tudor Jones's Other Quotes
I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.
Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt.
The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.
Related Quotes
In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.
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You can't predict. You can prepare.
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The most important thing is being attentive to cycles.
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The markets teach you humility every single day.
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It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
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I'm only rich because I know when I'm wrong.
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