Quotes from More Money Than God: Hedge Funds and the Making of a New Elite

496 pages

Rating: (5.2K votes)


“Years later, (Paul) Jones described the mental gymnastics that went into writing these scripts. "Every evening I would close my eyes in a quiet place in my apartment ... I would visualize the opening and walk myself through the day and imagine the different emotional states the market would go through... Then when you get there, you are ready for it. You have been there before. You are in a mental state to take advantage of emotional extremes because you have already lived through them.”
― quote from More Money Than God: Hedge Funds and the Making of a New Elite


“He read Adam Smith, Thomas Hobbes, and Niccolò Machiavelli.”
― quote from More Money Than God: Hedge Funds and the Making of a New Elite


“He commuted to his Canadian office in a Ferrari, though sometimes snowy conditions forced him to use Bentley.”
― quote from More Money Than God: Hedge Funds and the Making of a New Elite


“All new markets are inefficient at first,”
― quote from More Money Than God: Hedge Funds and the Making of a New Elite


“Capitalism works only when institutions are forced to absorb the consequences of the risks that they take on.”
― quote from More Money Than God: Hedge Funds and the Making of a New Elite



“Edward Crosby Johnson II, who in the 1950s established Fidelity as a dominant investment firm and made the same point in his own way: “The market is like a beautiful woman—endlessly fascinating, endlessly complex, always changing, always mystifying. I have been absorbed and immersed since 1924 and I know this is no science. It is an art…. It is personal intuition.”
― quote from More Money Than God: Hedge Funds and the Making of a New Elite


Popular quotes

“For the ego exists in an abstract sense alone, being an abstraction from memory, somewhat like the illusory circle of fire made by a whirling torch. We can, for example, imagine the path of a bird through the sky as a distinct line which it has taken. But this line is as abstract as a line of latitude. In concrete reality, the bird left no line, and, similarly, the past from which our ego is abstracted has entirely disappeared. Thus any attempt to cling to the ego or to make it an effective source of action is doomed to frustration.”
― Alan W. Watts, quote from The Way of Zen


“Horses broke out last night, party must have scared them.”
― Nashoda Rose, quote from Torn from You


“Unpraised, I find it hard to start writing in the morning; but the dejection lasts only 30 minutes, and once I start I forget all about it. One should aim, seriously, at disregarding ups and downs; a compliment here, a silence there;[...] the central fact remains stable, which is the fact of my own pleasure in the art.”
― Virginia Woolf, quote from A Writer's Diary


“Women of today are still being called upon to stretch across the gap of male ignorance and to educate men as to our existence and our needs. This is an old and primary tool of all oppressors to keep the oppressed occupied with the master's concerns. Now we hear that is is the task of women of Color to educated white women - in the face of tremendous resistance - as to our existence, our differences, our relative roles in our joint survival. This is a diversion of energies and a tragic repetition of racist patriarchal thought.”
― Audre Lorde, quote from Sister Outsider: Essays and Speeches


“The happy times of pristine thinking and open minds, always favorable for beginnings, belonged now to the past, and we knew it.”
― Christa Wolf, quote from The Quest for Christa T.


Interesting books

Spy Ski School
(1.7K)
Spy Ski School
by Stuart Gibbs
Mordacious
(820)
Mordacious
by Sarah Lyons Fleming
Gazing into the Eternal: Reflections upon a Deeper Purpose to Living
(137)
Gazing into the Eter...
by Belsebuub
Need
(4.8K)
Need
by Joelle Charbonneau
Birthday Letters
(7.6K)
Birthday Letters
by Ted Hughes
Moby-Dick
(418.3K)
Moby-Dick
by Herman Melville

About BookQuoters

BookQuoters is a community of passionate readers who enjoy sharing the most meaningful, memorable and interesting quotes from great books. As the world communicates more and more via texts, memes and sound bytes, short but profound quotes from books have become more relevant and important. For some of us a quote becomes a mantra, a goal or a philosophy by which we live. For all of us, quotes are a great way to remember a book and to carry with us the author’s best ideas.

We thoughtfully gather quotes from our favorite books, both classic and current, and choose the ones that are most thought-provoking. Each quote represents a book that is interesting, well written and has potential to enhance the reader’s life. We also accept submissions from our visitors and will select the quotes we feel are most appealing to the BookQuoters community.

Founded in 2023, BookQuoters has quickly become a large and vibrant community of people who share an affinity for books. Books are seen by some as a throwback to a previous world; conversely, gleaning the main ideas of a book via a quote or a quick summary is typical of the Information Age but is a habit disdained by some diehard readers. We feel that we have the best of both worlds at BookQuoters; we read books cover-to-cover but offer you some of the highlights. We hope you’ll join us.