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Top 10 Michael Steinhardt Quotes (2025 Update)

Michael Steinhardt Quote: “A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.”
Michael Steinhardt Quote: “The markets are always changing, and the successful trader needs to adapt to these changes.”
Michael Steinhardt Quote: “The balance between confidence and humility is best learned through extensive experience and mistakes.”
Michael Steinhardt Quote: “In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys.”
Michael Steinhardt Quote: “Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.”
Michael Steinhardt Quote: “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.”
Michael Steinhardt Quote: “You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth.”
Michael Steinhardt Quote: “Brokerage firms don’t sell customers stock so much as they sell those horrible mutual funds.”
Michael Steinhardt Quote: “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.”
Michael Steinhardt Quote: “Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.”
Michael Steinhardt Quote: “A little part of my life is built around ancient art.”
Michael Steinhardt Quote: “Part of my attraction to ancient art is that there is an element of risk, of speculation.”
Michael Steinhardt Quote: “In North America, the greatest threat to the Jewish people is not the external force of antisemitism, but the internal forces of apathy, inertia and ignorance of our own heritage.”
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