Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt.

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
Don't focus on making money; focus on protecting what you have.
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.
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
Between your preparation and your goals, there is one important bridge called discipline.
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By failing to prepare, you are preparing to fail.
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Conceive optimistically, plan pessimistically, execute optimistically.
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Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match.
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The market can stay irrational longer than you can stay solvent.
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I try to invest in companies where the downside is limited and the upside is significant.
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