Larry Hite Quotes and Sayings - Page 1
-
“There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.”
-- Larry Hite -
“I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet.”
-- Larry Hite -
“I don't trade for excitement; I trade to win”
-- Larry Hite -
“Throughout my trading career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.”
-- Larry Hite -
“Frankly, I don't see markets; I see risks, rewards, and money.”
-- Larry Hite -
“No matter what information you have, no matter what you are doing, you can be wrong.”
-- Larry Hite -
“I have noticed that everyone who has ever tried to tell me that markets are efficient is poor.”
-- Larry Hite -
“If you diversify, control your risk, and go with the trend, it just has to work.”
-- Larry Hite -
“It is incredible how rich you can get by not being perfect”
-- Larry Hite
You may also like:
-
Bill Lipschutz
Trader -
Bruce Kovner
Businessman -
Charles Faulkner
Author -
David Ryan
Business person -
Ed Seykota
Trader -
Gil Blake
Manager -
Jack D. Schwager
Author -
Michael Covel
Author -
Michael Marcus
Trader -
Paul Tudor Jones
Trader -
Tom Basso
Manager -
William Eckhardt
Trader