You Adapt, Evolve, Compete Or Die.

Fundamentals Might Be Good For The First Third Or First 50 Or 60 Percent Of A Move, But The Last Third Of A Great Bull Market Is Typically A Blow-off, Whereas The Mania Runs Wild And Prices Go Parabolic... There Is No Training, Classroom Or Otherwise, That Can Prepare For Trading The Last Third Of A Move, Whether It's The End Of A Bull Market Or The End Of A Bear Market.

If Trading Is Like Chess, Then Macro Is Like Three-dimensional Chess.

The Concept Of Paying One-hundred-and-something Times Earnings For Any Company For Me Is Just Anathema. Having Said That, At The End Of The Day, Your Job Is To Buy What Goes Up And To Sell What Goes Down So Really Who Gives A Damn About Pe's?

The Secret To Being Successful From A Trading Perspective Is To Have An Indefatigable And An Undying And Unquenchable Thirst For Information And Knowledge.

We Have Ripped The Humanity Out Of Our Companies. It's Threatening The Very Underpinnings Of Our Society.