Nick Alexander December 10, 2011 Nick Alexander December 10, 2011 “I never benefited much from a move if I did not get in at somewhere near the beginning of the move. And the reason is that I missed the backlog of profit which is very necessary to provide the courage and patience to sit thourgh a move until the end comes - and to stay through any minor reactions or rallies which were bound to occur from time to time before the movement had completed its course.” — Jesse Livermore
Nick Alexander November 24, 2011 Nick Alexander November 24, 2011 “I’d say that my investment philosophy is that I don’t take a lot of risk, I look for opportunities with tremendously skewed reward-risk opportunities. Don’t ever let them get into your pocket - that means there’s no reason to leverage substantially. There’s no reason to take substantial amounts of financial risk ever, because you should always be able to find something where you can skew the reward risk relationship so greatly in your favor that you can take a variety of small investments with great reward risk opportunities that should give you minimum draw down pain and maximum upside opportunities.” — Paul Tudor Jones
Nick Alexander November 21, 2011 Nick Alexander November 21, 2011 “Stay positive, pal. Most people, when they lose, they whine, they quit. But you gotta be there for the turns. Everybody’s got good luck, everybody’s got bad luck. Don’t run when you lose, don’t whine when it hurts. It’s like the 1st grade, nobody likes a crybaby.” — Gordon Gekko
Nick Alexander April 26, 2011 Nick Alexander April 26, 2011 “Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it.” — Peter Lynch