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

“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

“What's that?" he asked.
"A balance sheet," I said. "To keep track of your payments."
He asked whether Pop had written it or me. When I answered truthfully, he handed the paper back like the useless thing it was. "Thank you," he said. "I won't be needing this."
Which took me by surprise and set me stammering how it was proof he was making his payments, and how he should take it because it was the right and proper way to do business.
"The rules aren't the same for me as they are for you," Joseph replied, shaking his head. "Don't you know that, Will?" Which put my nose out of joint so bad that I told him he was being rude, and that I was only trying to do him a favor at no small risk to myself.
Joseph's face went blank as the cloudless sky overhead. He eyed the receipt. Said, "Thank you, Mr. William. But I can't accept." And got back on his bicycle.
"That all you got to say?" I near shouted, frustrated at how easily he'd turned my good intentions into a fool's errand. And the quickest flash of hate you ever did see danced across the dark of his eyes.
I stood there, feeling awkward and a fool. Joseph put one foot on a pedal and said, real quiet, "If you'll excuse me, I've a funeral to attend."
Only then did I notice the band of mourning black around his upper arm.
"Who died?" I asked stupidly.
Joseph's eyes were flat. "Nobody important, Mr. William. Only a Negro boy like me.”
― Jennifer Latham, quote from Dreamland Burning

“As far as segregationists were concerned, racial integration and communism were one and the same and posed the same kind of threat to traditional American values. Yet those charged with mounting the American offence in space saw strength in countering the Russian values of secrecy with its opposites - transparency, democracy, equality- and not a simulacrum.”
― quote from Hidden Figures: The American Dream and the Untold Story of the Black Women Mathematicians Who Helped Win the Space Race

“The politicians were in full bay, particularly those of his own party who had been urging, without success, his support of antislavery legislation which he feared would lose him the border states, held to the Union so far by his promise that no such laws would be passed. It also seemed to these Republicans that entirely too many Democrats were seated in high places, specifically in the cabinet and the army; and now their anger was increased by apprehension. About to open their campaigns for reëlection in November, they had counted on battlefield victories to increase their prospects for victory at the polls. Instead, the main eastern army, under the Democrat McClellan—“McNapoleon,” they called him—had held back, as if on purpose, and then retreated to the James, complaining within hearing of the voters that the Administration was to blame. Privately, many of the Jacobins agreed with the charge, though for different reasons, the main one being that Lincoln, irresolute by nature, had surrounded himself with weak-spined members of the opposition party. Fessenden of Maine put it plainest: “The simple truth is, there was never such a shambling half-and-half set of incapables collected in one government since the world began.”
― Shelby Foote, quote from The Civil War, Vol. 1: Fort Sumter to Perryville

“-What is nothing? I impetuously asked.
-It is what you can see of your eyes without a mirror, was the answer.”
― Patti Smith, quote from M Train

“It’s easy to observe when you sit back and listen, if you truly listen to someone rather than preparing to respond to what they’re saying. It’s the difference in creative listening and reactive listening.”
― Meghan Quinn, quote from Dear Life

Interesting books

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.