23 Quotes by Michael Steinhardt

The balance between confidence and humility is best learned through extensive experience and mistakes.

Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.

I was happier when pursuing success than I was when savoring its fruits; the attraction, perhaps the addiction, was in the process, as much as in its end.

Brokerage firms don’t sell customers stock so much as they sell those horrible mutual funds.

The hardest thing over the years has been having the courage to go against the dominant wisdom of the time, to have a view that is at variance with the present consensus and bet that view.